Wildhorse 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.

$\backslash$table$[[,$Project Bono,Project Edge,Project Clayton$],[$Capital investment,$$171,000,$$$188,000,$$$202,000$

A$.$ Commute the cash payback period for each project.

$1.$Project Bono

$2.$Project Edge

$3.$Project Clayton

B$.$Compute the net present value of each project

C$.$ Calculate the annual rate of return for each project