The least desirable project based on payback period is Project AA. Compute the net present value of each project. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e... (45). Round final answers to the nearest whole dollar, e.g. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided) AA 2.50 BB 2.20 1.75 Which is the most desirable project based on ne present value? Project : The most desirable project based on represent value is Which is the least desirable project based on net present we? The least desirable project based on net present value is Project A. Click If you would like to show Work for this question: Open Show Work PRINTER VERSION BACK NEXT Exercise 12-2 (Video) Your answer is partially correct. Try again. Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $23,100. Each project will last for 3 years and produce the following net anual cash flows. Year 1 2 3 AA $7,350 $10,500 $13,650 9,450 10,500 12,600 12,600 10,500 11,550 $29.400 $31,500 $37,600 Total The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12. Click here to view table. (a) Compute each project's payback period (Round answers to 2 decimal places, ... 15.25.) AA years Be years years With the rentart