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U3 Company is considering three long-term capital investment proposals. Each investment has a...

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Accounting

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.
\table[[,Project Bono,Project Edge,Project Clayton],[Capital investment,$171,200,$187,250,$20
(a)
Compute the cash payback period for each project. (Round answers to 2 decimal places, es 10.50)
Project Bono
Project Edge
Project Clayton
eTextbook and Media
years
years
years
Attempts: 0 of 3 used
(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(c)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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