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Cullumber 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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Cullumber 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 (a) Vour answer is correct Compute the cash payback period for each project. (Round answers to 2 decimal places, es, 10.50 ) Project Bono years Project Edse years Project Clayton years Compute the cash payback period for each project, (Round answers to 2 decinol places, eg. 10.50) Project Bono years Project Edge years Project Clayton years Attempts: 3 of 6 used Your answer is correct: Compute the net present value for each project. (Round answers to 0 decimal picces, eg. 125. If the net present value is negative, use either a negative sign preceding the number eg - 45 or porentheses eg (45). For colculabion purposes, toe 5 decimal places as dispioyed in the foctor tabie provided] eTextbook and Media (c) Compute thie annual rate of return for each project, (Hint Use average annual net inkome in your computation.) (Round answers to 2 decimalploces. eg. 10.50N ) Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation.) (Round answers to 2 decimal ploces, eg. 10.50\%.)

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