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Current Attempt in Progress Ivanhoe Company is considering three long-term capital investment proposals. Each...

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Accounting

Current Attempt in Progress
Ivanhoe 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)
Your answer is partially correct.
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
image

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