NPV of all three projects and Annual Rate of Return for all three projects?

Flounder 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 $163,200 Project Edge $178,500 Project Clayton $204,000 Capital investment Annual net income: Year 1 18,360 17,340 16,320 12,240 9,180 $71,400$73440 14,280 14,280 14,280 14,280 14,280 27,540 23,460 21,420 13,260 12,240 $97,920 2 3 4 Tota 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 Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono Project Edge Project Clayton years years years