how do i compute this cash payback period U3...
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how do i compute this cash payback period 
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. Depreciation is computed by the straight-line method with ino salvage vahe The company' cost of capital is 15% (Assume that cast fows occiar evenly throughout the yearl Compute the cash payback period for each project. (Round answers to 2 decimal place Project Bono years years Project Clayton years
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