Wildhorse company is considering a capital investment 203500 in additional productive facilities the new machinery is expected to have a useful l8fe of 5 years with no salvage depreciation is by the straight line method during the life of the investment annual net income and net annual cash flows are expected to be 15873 and 55000 respectively Wildhorse has a 12% cost of capital rate which is the required rate of return on the investment compute the cash payback period round answer to 1 decmal cash payback period. years compute the annual rate of return on the proposed capital expenditures annual rate return using the discounted cash flow technique compute net present value net present value