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Show work, no excel please. USE THE INFORMATION IN THIS TABLE FOR WISEGUY, INC. TO ANSWER THE NEXT TWO QUESTIONS Year Project A Project B

Show work, no excel please.

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USE THE INFORMATION IN THIS TABLE FOR WISEGUY, INC. TO ANSWER THE NEXT TWO QUESTIONS Year Project A Project B Project C 0 -10,000 - 10,000 -10,000 6,000 4,000 5,000 5.000 5,000 4,000 3 4,000 6,000 6,000 1 2 46. Assuming that Wise Guy, Inc. uses Payback Period to choose capital budgeting projects, what is the Payback Period of the project that Wise Guy, Inc. will choose (that is, what is the Payback Period of the best project in this list)? 47. Assuming that WiseGuy, Inc. uses the IRR rule to choose capital budgeting projects, what is the IRR of the project that WiseGuy, Inc. will choose (that is, what is the IRR of the best project in this list)

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