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Crane Company is considering a long-term investment project called ZIP. ZIP will require an investment of $137.520. It will have a useful life of 4

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Crane Company is considering a long-term investment project called ZIP. ZIP will require an investment of \$137.520. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,500, and annual cash outflows would increase by 541.300. Compute the cash payback period. (Round answer to 2 decimal ploces, es. 10.52.) Cashparbackperiod vears

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