B

Wisdhorse 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. 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. Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) eTextbook and Media Attempts: 1 of 3 used (b) Compute the net present value for each project. (Round answers to 0 decimal places, eg. 125. If the net present value is negative, use the factor toble provided.)