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Pharoah 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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Pharoah 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 PV table. (a) Your answer is partially correct. Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono years Project Edge years Project Clayton years Compute the net present value for each project. (Round answers to 0 decimal places, e.g. 125. If the net present value is negative, use either a negative sign preceding the number eg 45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (c) Compute 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. 10.50\%.) eTextbook and Media Attempts: 0 of 2 used (d) The parts of this question must be completed in order. This part will be available when you complete the part above. Compute the net present value for each project. (Round answers to 0 decimal places, e.g. 125. If the net present value is negative, use either a negative sign preceding the number es 45 or parentheses e8 (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (c) Compute the annual rate of return for each project. (Hint Use average annual net income in your computation) (Round answers to 2 decimal places, e.8. 10.50\%.) (d) The parts of this question must be completed in order. This part will be available when you complete the part above

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