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Project A Project B Project C Time 0 - 10,000 -10,000 -6,000 Time 1 5,000 4,000 1,000 Time 2 4,000 3,000 2,000 Time 3 6,000
Project A Project B Project C Time 0 - 10,000 -10,000 -6,000 Time 1 5,000 4,000 1,000 Time 2 4,000 3,000 2,000 Time 3 6,000 10,000 If Wise Guy Inc. uses payback period rule to choose projects, which of the project (A, B, or C) will Wise Guy Inc. prefer? 3,000 Project A Project B Project A and Project B have the same ranking. Cannot calculate a payback period without a discount rate
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