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 Iows occur evenly throughout the year.) 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. 10.50x)