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Crane 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

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Crane 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 PV table. Future Value of 1 TABLE 2 Future Value of an Annuity of 1 n. Present Value of an Annuitu af Crane 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 PV table. Future Value of 1 TABLE 2 Future Value of an Annuity of 1 n. Present Value of an Annuitu af

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