final answers are NOT: 9.07% , 28.90 % , 9.98 % !!

Culfumber Company is considering three long-term capltal inyestment proposals. Each investment has a useful life of 5 yoars. Relevant data on cach 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) Compute the cash payback period for each project. (Round onswers to 2 decimal places es. 10.50.) Project Bono years Project Edse years 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 eg -45 or parentheses eg (45). For colculation purposes, use 5 decimal ploces as displayed in the foctor toble provided.) eTextbook and Media Attempts: 5 of 6 used Your answer is incorrect. 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\%.)