Pharoah Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. 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 flows occur evenly throughout the year.). (a) Your answer is partially correct. Compute the cash payback period for each project. (Round answers to 2 decimal places, eg. 10.50.) Project Bono years Project Edge years Project Clayton years Pharoah Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. 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 flows occur evenly throughout the year.). (a) Your answer is partially correct. Compute the cash payback period for each project. (Round answers to 2 decimal places, eg. 10.50.) Project Bono years Project Edge years Project Clayton years