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Carla Vista Company is considering a long-term investment project called ZIP. ZIP will require an investment of $138,335. It will have a useful life of

Carla Vista Company is considering a long-term investment project called ZIP. ZIP will require an investment of $138,335. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,900, and annual cash outflows would increase by $42,000. Compute the cash payback period.

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