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U3 Company is considering three long-term capital investment proposal.Each investment has a useful life of 5 years. Relevant data on each project are as follows.

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U3 Company is considering three long-term capital investment proposal.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 15%. (Assume that cash flows occur evenly throughout the year.) Compute the annual rate of return for each project

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