Question: Referring to the table above, if WiseGuy Inc. uses payback period rule to choose projects, which of the following projects should WiseGuy, Inc. prefer? Question

 Referring to the table above, if WiseGuy Inc. uses payback period

Referring to the table above, if WiseGuy Inc. uses payback period rule to choose projects, which of the following projects should WiseGuy, Inc. prefer? Question 38 options:

A.Project A

B.Project B

C.Project C

D.They all the same ranking.

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

PLEASE WRITE SPECIFICALLY THE ANSWER AND EVERY STEP LIKE YOU WERE EXPLAING IT TO A 5 YEAR OLD IM SO CONFUSED LOL

\begin{tabular}{|c|c|c|c|} \hline \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{c|c} Year & Project A \\ 0 & 10,000 \end{tabular}}} & Project B & Project C \\ \hline & & 10,000 & 10,000 \\ \hline \multicolumn{2}{|c|}{ Listen to this page 6,000} & 4,000 & 5,000 \\ \hline 2 & 5,000 & 5,000 & 4,000 \\ \hline 3 & 4,000 & 6,000 & 6,000 \\ \hline \end{tabular}

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