U3 Company is considering three long-term capital investment proposals. Each imvestment has a usefullife 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] Clickhere to view the factor table. Compute the cash payback period for each project. (Round answers to 2 decimal places, eg. 10.50.) Project Bono years Project Edge years Project Clayton years eTextbook and Media Compute the net present value for each project. (Round answers to 0 decimal places, es. 12.5. If the net present value is negative, use either a negotive sign preceding the number es 45 or parentheses eg (45). For calculation purposes, use 5 decimal ploces as displayed in the factor table provided.) Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation) (Round answers to 2 decimal ploces, e.g. 10.50\%J Rank the projects on each of the foregoing bases. Which project do you recommend