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Question 2 of 5 - /1- View Policies Current Attempt in Progress Wayne Company is considering a long-term investment project called ZIP. ZIP will require

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Question 2 of 5 - /1- View Policies Current Attempt in Progress Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $142,920. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,200, and annual cash outflows would increase by $40,500. Compute the cash payback period. (Round answer to 2 decimal places, eg. 10.52.) Cash payback period years. Save for Later Attempts: 0 of 3 used Submit

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