Problem 12-1A (Part Level Submission) (Video) U3 Company is considering three long-term cepital investment proposals....

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Problem 12-1A (Part Level Submission) (Video) U3 Company is considering three long-term cepital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Project Bono $171,200 Project Edge Project Clayton $202,000 Capital investment Annual net income: Year 1 $187,250 14,980 14,980 14,980 14,980 19,260 18,190 17,120 12,840 28,890 24,610 22,470 13,910 12,840 $102,720 9,630 14,98040 $74,900 677045 $77,040 Total Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is occur evenly throughout the year.) 15% Assume that cash flows Click here to view PV.table Your answer is correct. Compute the cash payback period for each projech. (Roung answers to 2 decimal places, e o. 10.s0.) Project Bono Project Edge Project Clayton 3.48 years 3.401 years 3.09l years

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