Net present value $ Project Bono A Project Edge Project Clayton $ Project Clayton do % Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation.) (Round answers to 2 decimal places, e.g. 10.50.) eTextbook and Media Project Bono Project Edge Annual rate of return % eTextbook and Media Rank the projects on each of the foregoing bases. Which project do you recommend? Net Project Cash Payback Present Value Annual Rate of Return Bono Edge Clayton > The best project is > > > > do %