Please solve it clearly. Thank you! 3. If Wise Guy Inc. uses...

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Please solve it clearly. Thank you!

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

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