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The Stenny and Homer partnership is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each

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The Stenny and Homer partnership is considering three long-term capital investment proposals. Each investment 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 12\%. (Assume cash flows occur evenly throughout the year.) Instructions (a) Compute the net present value for each project. (b) Compute the annual rate of return for each project. LNote: For this math, students must show the calculation to get points. On.y writing/providing answers will not be graded

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