Crane's Cuntom Corstruction Company is comidening three new projects, each requiring an equiproent investment of 527,280 Each project will last for 3 rears and produce the following net annual cash flows. The equipment's salvage value is rero, and Crane uses straight-line degreciation. Crane will not accept any project with a cash payback period over 2 years Crane's required rate of return is 12%. Click here to view PV table. (a) Compute each project's payback period, (Round anawers to 2 decimol ploces es. 15.25) AA years B8 years CC years Which is the most desirable project? The most desirable project based on payback period is The mott dechable project based on pintuck oeriodin Which is the leart dewrable probect? The ieast desirable project based an pyback period is (ib) Compule the net present value of each project iEnter negathe avointiuing either a negutive ilgh preceding the namber es. 45 or the factor tabie provided. A BB. Ce. Which is the most dewrable propect bord on net present value? The most desirable project based on net present yalue is Which is the least desirable probect based oq net present value