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Blossom Company is considering three long - term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project
Blossom Company is considering three longterm capital investment proposals. Each investment has a useful life of years. Relevant data on each project are as follows. Depreciation is computed by the straightline method with no salvage value. The company's cost of capital is Assume that cash flows occur evenly throughout the yearCompute the cash payback period for each project. Round answers to decimal places, eg Project Bono years Project Edge years Project Clayton years
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