View Policies Current Attempt in Progress U3 Company is considering three long term capital investment proposals. Each investment has a useful life of years. Relevant data on each project are as follows. Project Bono Project Edge Project Clayton Capital investment : $164.300 $180,250 $200,000 Annual net income Year 1 14420 10540 27,810 14,420 17.510 23.690 16,480 21.630 13,390 12.360 14420 14,420 14420 $72,100 9.270 12,360 Total $74,160 $98.30 Depreciation is computed by the straight-line method with no savage value. The company's cost of capital is 15%. Assume that cash flows occur evenly throughout the year) Click here to view the cortable Compute the cash payback period for each project. Round answers to 2 decimal places 10.50 Project Bono Project Edge Project Clayton e Textbook and Media acer com/courses/37423/ x video gments 3972253 * Meninas + Compute the net present value for each project. Round answers to decimal places, s. 125. then present value is not purposes, use 5 decimal places as displayed in the factortable provided) use either a negative in preceding the number 45 or parentheses45 Foro Project Bono Project Edge Net present value Project Clayton $ e Textbook and Media Compute the annual rate of return for each project. Use average w alne income in your computation Round 2 10 ) Project Bono Project Edge Project Clayton Annual rate of return c Textbook and Media Rark the projects on each of the foregoing bases. Which project do you recommend? Project Cash Payback Present Value Annual Rate of Return Clayton The best project is acer