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Grane 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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Grane 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 withno salvage value. The company's cost of capital is 15%6, (Assume that cast flows occur evenly throoghout the year.) Click here to view the factor table. Compute the cash payback period for each project. (Round answers to 2 decimal ploces, es. 10.50.) Depreciation is computed by the straight-line method with no salvage value. The compary's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) Clickthere to view the factor table. Compute the cash payback period for each project. (Round answers to 2 decimal places, es. 10.50) Project Bono years Project Edge years Project Claryton years eTextbook and Media Compute the net present value for each project. (Round answers to O decimal ploces, es. 125. If the net present value is negative ine either a negative sign preceding the number eg -45 or parentheses es (45) For colcuiotion purposes, use 5 decimal places as dlsployed in the foctor toble provided)

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