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Each project requires an investment of $368,000. Straight-line depreciation will be used, and no residual value is expected. Toe cormmittee has selected a rate of

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Each project requires an investment of $368,000. Straight-line depreciation will be used, and no residual value is expected. Toe cormmittee has selected a rate of 15% for purposes of the net present value analysis. 1a. Compute the average rote of return for each investment. If required, round your answers to one decimal piace. 1b. Compute the net present value for each investment. Use the present value of $1 table above. If required, use the minus sign to indicate a negative net present value. If required, round to the nearest dollar. 2. The net present value exceeds the selected rate established for discounted cash flows (15w), whille the considering only quantitative factors, the investment should be selected

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