Question: Current Attempt in Progress Cullumber Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on

Current Attempt in Progress 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. 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) Click here to view PV table (a) Compute the cash payback period for each project. (Round onwers to 2 decimal places es. 10.50J ) Compute the cash payback period for each project. (Round answers to 2 decimoi ploces eg. 10.50) Project Bono years Project Edge years Project Clayton years eTextbook and Media Attempts: 1 of 5 used Usine multiple attempts will impact your score 10% score reduction after attempt 3 Question Part Score (b) The parts of this queution must be completed in order. This part will be avalisble when you complete the part above
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