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Use the information for the question(s) below. Time 0 Time 1 Time 2 Time 3 Project A -10,000 5,000 4,000 3,000 Project B -10,000 4,000
Use the information for the question(s) below. Time 0 Time 1 Time 2 Time 3 Project A -10,000 5,000 4,000 3,000 Project B -10,000 4,000 3,000 10,000 If Wise Guy Inc. uses payback period rule to choose projects, which of the projects (Project A or Project B) will rank highest? O Cannot calculate a payback period without a discount rate. Project A Project B O Project A and Project B have the same ranking
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