Question: HELP THERE IS A TIME LIMIT 13. Use the information for the question(s) below. Time 0 Time 1 Time 2 Time 3 Project A -

HELP THERE IS A TIME LIMIT HELP THERE IS A TIME LIMIT 13. Use the information for the

13. 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? 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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