Sheridan Company is considering three long-term capital imvestment proposals. Each irvestment 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 the factor table. Compute the cash payback period for each project. (Round answers to 2 decimal places, es. 10.50) Project Bono years Project Edge years Project Clayton years Compute the net present value for each project. (Round answers to 0 decimal ploces, es. 125. If the net present vaiue is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). For caiculation purposes use 5 decimal places as disployed in the foctor table provided.) eTextbook and Media Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation) (Round answers to 2 decimal ploces, es. 10.5086 ) Rank the projects on each of the foregoing bases. Which project do you recommend