4 Question 7 Of 8 U3 Company Is Considering Three Long Term Capital Investment Proposals Each Investment Has A Usef 1 (20.54 KiB) Viewed 24 times
4 Question 7 Of 8 U3 Company Is Considering Three Long Term Capital Investment Proposals Each Investment Has A Usef 2 (18.09 KiB) Viewed 24 times
-/4 = Question 7 of 8 U3 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. Project Bono Project Edge Project Clayton Capital investment $164,800 $180,250 $204,000 Annual net income: Year 1 14420 18,540 27,810 2 14,420 17,510 23.690 14,420 16,480 21.630 14420 12,360 13,390 5 14,420 9,270 12.360 Total $72,100 $74,160 $98.880 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 3 4 Question 7 of 8 < (a) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono years Project Edge years Project Clayton years. eTextbook and Media Save for Later (b) The parts of this question must be completed in order. This part will be available when you complete the part above. -/4 ET Attempts: 0 of 3 used Submit Answer
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