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Crane Company is considering three long-term capital investment proposals. Each investment has a usefullife of 5 years. Relevant data on each project are as follows.

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Crane Company is considering three long-term capital investment proposals. Each investment has a usefullife 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 flowis occur evenly throughout the yeard) Click here to view the factor table. Compute the net present value for each project. (Round answers to 0 decimal places, eg. 125. If the net present value is negative, use either a negative sign preceding the number es 45 or parentheses es (45). For calculation purposes, use 5 decimal ploces as disployed in the factor table provided.) eTextbook and Media Compute the annual rate of return for each project. (Hint Use average annual net income in your computation) (Round answers to 2 decimal places, es, 10.50\%) Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation) (Round answers to 2 decimal places, eg. 10.50\%) Rank the projects on each of the foregoing bases. Which project do you recommend? Rank the projects on each of the foregoing bases. Which project do you recommend? The best project is

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