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DO IT! 12.2 (LO 2), AN Wayne Company is considering a long-term investment project called. ZIP.ZIP will require an investment of $120,000. It will

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DO IT! 12.2 (LO 2), AN Wayne Company is considering a long-term investment project called. ZIP.ZIP will require an investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $40,000. The company's required rate of return is 12%. Calculate the net present value on this project and discuss whether it should be accepted. Corporation har decided to immet in renemmble anan Calculate net present value of an investment.

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