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Use the information for the? question(s) below. Project A Project B Time 0 minus?10,000 minus?10,000...

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Finance

Use the information for the? question(s) below. Project A Project B Time 0 minus?10,000 minus?10,000 Time 1 ?5,000 ?4,000 Time 2 ?4,000 ?3,000 Time 3 ?3,000 ?10,000

If WiseGuy Inc. uses IRR rule to choose? projects, which of the projects? (Project A or Project? B) will rank? highest?

A. Project A

B. Project B

C. Project A and Project B have the same ranking.

D. Cannot calculate a payback period without a discount rate.

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