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Oriole 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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Oriole 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 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 the factor table. Compute the cash payback period for each project. (Round answers to 2 decimal ploces, e.s 10.50.) Project Bono Project Edge Project Clayton years years years Compute the net present value for each project. (Round answers to 0 decimal places, eg. 125. If the net present value is negative, use either a negotive sign preceding the number eg - 45 or parentheses es (45). For calculation purposes, use 5 decimal places as displayed in the foctor table provided) Compute the annuai rate of return for each project. (Hint: Use average annual net income in your computation) (Round answers to 2 decimol places, es. 10.50\%) eTextbook and Media Rank the projects on each of the foregoing bases. Which project do you recommend

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