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  3. depreciation is computed by the straight-fine meth

Depreciation is computed by the straight-fine method with no salvage value. The company's cost of...

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Accounting

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Depreciation is computed by the straight-fine method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) Click here toview PV table. (a) Compute the cash payback period for each project. (Round answers to 2 decimal ploces. es. 10.50.) \begin{tabular}{l|l} \hline Project Bono & years \\ \hline Project Edge & years \\ Project Clayton & years \end{tabular} Crane Compary is considering three long-term capital investment proposals. Each investment has a usefulife of 5 years. Relevant data on each project are as follows. Depreciation is compoted by the straight fine method with no salvage value. The company's cost of capita is 15%. Chsume that cash flows occur evenly throughout the year?)

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