Please answer both the parts of this problem with proper explanation.

USE THE INFORMATION IN THIS TABLE FOR WISEGUY, INC. TO ANSWER THE NEXT TWO QUESTIONS Year Project A Project B Project C -10,000 -10,000 -10,000 6,000 4,000 5,000 2 5,000 5,000 4,000 3 4,000 6,000 6,000 0 1 Assuming that WiseGuy, Inc. uses Payback Period to choose capital budgeting projects, what is the Payback Period of the project that WiseGuy, Inc. will choose (that is, what is the Payback Period of the best project in this list)? Assuming that Wise Guy, Inc. uses the IRR rule to choose capital budgeting projects, what is the IRR of the project that Wise Guy, Inc. will choose that is, what is the IRR of the best project in this list)