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Oriole Company is considering three long-term capital investnsent proposals. Each imvestrient 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 investnsent proposals. Each imvestrient has a useful life of 5 years. Relevant data on each project are as follows. Depreciation is computed by the stralght. line methed with no salvage valie, The company's cost of capitai is 15%. Ausume that cash flows occur eventy throughout the year? Cisk here to view the factor table Compute the cash payback period for each project. (Round answers to 2 decimal ploces, es. 10.50) Project Bono years Project Edge years Project Clayton years

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