Question 13 of 13 0/3 X Your answer is incorrect 0 Compute the net present value for each project. (Round answers to decimal places, eg. 125. If the net present value is negative, use either a negative sign preceding the number es-45 or parentheses es (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided) Project Bono Project Edge Project Clayton Net present value $ $ $ e Textbook and Media X Your answer is incorrect Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation (Round answers to 2 decimal places, eg. 10.50%) Project Bono Project Edge Project Clayton % Annual rate of return % Question 13 of 13 073 III X Your answer is incorrect. Rank the projects on each of the foregoing bases. Which project do you recommend? Net Present Value Project Cash Payback Annual Rate of Return Bono Edge Clayton The best project is e Textbook and Media