Problem 25-2A Analysis and computation of pay oeriod, accounting rate Most Company has an opportunity to invest in one of two new projects. Project Y requires $350,0 investment for new machinery with a four-year life and no salvage value. Project Z requires a $35000 back investment for new machinery with a three-year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight-line depreciation, and cash flows c dfretum, and net present evenly throughout each year. value P1 P2 P3