U3 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. 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 ploces, es. 10.50.) Compute the net present value for each project. (Round answers to 0 decimal places, eg. 125. If the net present volue is negative, use either a negative sign preceding the number eg - 45 or parentheses eg (45). For caiculation purposes, use 5 decimal places as displayed in the factor table provided.) Question Part Score 10 Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation) (Round answers to 2 decimal places, es. 10.50\%.) Rank the projects on each of the foregoing bases. Which project do you recommend? The best project