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There are other parts to the question that are not visible to me but if you have access to similar questions can you please answer
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Crane Company 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. Project Bono $164,800 Project Edge $180,250 Project Clayton $204,000 Capital investment Annual net income: Year 1 2 18,540 17,510 16,480 3 14,420 14,420 14,420 14,420 14,420 $72,100 27,810 23,690 21,630 13,390 12,360 $98,880 4 5 12,360 9,270 $74,160 Total 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 PV table. (a) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono years Project Edge years Project Clayton years (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part aboveStep by Step Solution
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