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Cullumber Company is considering three long-term capital investment proposals. Each investment has a useful life...

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Accounting

Cullumber 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.
\table[[,Project Bono,Project Edge,Project Clayton],[Capital investment,$171,200,$187,250,$208,000
Compute the cash payback period for each project
Project bono _____ years
Project Edge _____ years
Project Clayton ______ years
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