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need an answer for part c Support U3 Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years.

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Support U3 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. Project Bono $164,800 Project Edge $180,250 Project Clayton $204,000 Capital investment Annual net income: Year 1 14,420 18,540 27.810 14420 17.510 23.690 14,420 16,480 21,630 14,420 12.360 13,390 14420 9.270 12.360 $72.100 $74,160 S98 880 Your answer is correct. Compute the cash payback period for each project. (Round answers to 2 decimal places, eg. 10.50.) Project Bono 3.48 years Project Edge 3.40 years Project Clayton 3.16 years e Textbook and Media Attempts: 1 of 5 used Wer Correct Answer Compute the net present value for each project. (Round answers to decimal places, eg 125. If the net present value is negative, use either negative sign preceding the number es-45 or parentheses es (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project Clayton Project Bono -5,975 S Project Edge -7.5315 226 Net present value $ X 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, s. 10.50%) Project Clayton Project Edge Project Bono

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