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Oriole Company is considering a long-term investment project called ZIP. ZIP will require an investment of $119,400. It will have a useful life of 4

Oriole Company is considering a long-term investment project called ZIP. ZIP will require an investment of $119,400. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,800, and annual cash outflows would increase by $40,900. The companys required rate of return is 12%. Calculate the net present value on this project

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