1. Table 3

   	Project A	Project B
   Time 0	-8,000	-4,000
   Time 1	10,000	3,000
   Time 2	8,000	6,000
   Time 3	8,000	9,000

   "Consider the cash flow of the two projects depicted in Table 3. If WiseGuy Inc. uses payback period rule to choose projects, which of the projects (Project A or Project B) will rank highest? --- "

   		Project A.
   		Project B.
   		Project A and Project B have the same ranking.
   		Cannot calculate a payback period without a discount rate.

1. "Consider the cash flow of the two projects depicted in Table 3. If WiseGuy Inc. uses IRR rule to choose projects, which of the projects (Project A or Project B) will rank highest? --- "

   		Project A.
   		Project B.
   		Project A and Project B have the same ranking.
   		Cannot calculate a payback period without a discount rate.