Along with the cash payback for each period I will also need to know the (b) net present value for each project, (c) computer annual rate of return for each project (Hint: use average annueal net income in your computation) (d) rank the projects on each of the foregoing bases which project do you recomend? bases are (Cash pay back, Net present value, Annual rate of return) Thank you very much for the help I've been struggling with this problem for quite a while now.

Problem 26-1A (Part Level Submission) U3 Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows, Project Edge Project Bono $164,800 Project Clayton $208,000 Capital investment Annual net income: Year 1 $180,250 14,420 14,420 14,420 14,420 14,420 $72,100 18,540 17,510 16,480 12,360 9,270 $74,160 27,810 23,690 21,630 13,390 12,360 $98,880 4 Total Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) (a) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono Project Edge Project Clayton years years years