QUESTION 6 "Consider the cash flow of the two projects depicted in Table 3. If Wise Guy Inc. uses payback period rule to choose projects, which of the projects (Project A or Project B) will rank highest? --- Project A. Project B. Project A and Project B have the same ranking. Cannot calculate a payback period without a discount rate. O Project A. O Project B. O Project A and Project B have the same ranking. O Cannot calculate a payback period without a discount rate. QUESTION 7 "Consider the cash flow of the two projects depicted in Table 3. If Wise Guy Inc. uses IRR rule to choose projects, which of the projects (Project A or Project B) will rank highest? --- Project A. Project B. Project A and Project B have the same ranking. Cannot calculate a payback period without a discount rate. TABLE 3 Project A -10,000 Project B -3,000 Time 0 Time 1 10,000 2,000 Time 2 0 10,000 Time 3 0 10,000 O Project A. O Project B. O Project A and Project B have the same ranking. O Cannot calculate a payback period without a discount rate