Problem 12-1A (Part Level Submission) (Video) U3 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. Project Bono Project Edge Project Clayton Capital investment 27.540 18,360 17,340 16,320 12,240 9,180 14,280 14,280 21420 13.260 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.) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bone Project Edge Project Clayton Click if you would like to Show Work for this question: Qoen Sho By bocessing this question Assistance, you will learn whhile you earn poirnes basied on the Point Potetial Policy set by Attemptsi 0 of 15 used SAVE FOR LATER The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above