B. Please provide the net present value for each project

C. Please provide the annual rate of return for each project.

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 Bono $174,400 Project Edge $190,750 Project Clayton $218,000 Capital investment Annual net income: Year 1 2 3 15,260 15,260 15,260 15,260 15,260 $76,300 19,620 18,530 17,440 13,080 9,810 $78,480 29,430 25,070 22,890 14,170 13,080 $104,640 4. 5 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.) Click here to view the factor table. (a) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono years Project Edge years Project Clayton years