ompute 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. 10.5096.) Project Bono Project Edge Project Clay Annual rate of return % eTextbook and Media Assistance Used X Your answer is incorrect. Rank the projects on each of the foregoing bases. Which project do you recommend? Net Annual Project Cash Payback Present Value Rate of Return Bono Edge Clayton The best project is NON 25