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Sheridan Comgany is considering three long-term capital investment proposals. Fach investment has a usefullife of 5 years. Relevant data on each project are as followk.

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Sheridan Comgany is considering three long-term capital investment proposals. Fach investment has a usefullife of 5 years. Relevant data on each project are as followk. Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15% (Asyume that cash flows occur tevenly throughoot the year? Click here to view the factor table. Compute the cash payback period for each project. (Round answers to 2 decimal ploces, es. 10.s0.) Project Bono years Project Edge. years Project Clayton years Compute the net present value for each project. (Round answers to 0 decimal ploces, eg. 125. If the net present value is negative wse either a negotive sign preceding the number ea - 45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided

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