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Question 3 Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $134,850. It will have a useful life

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Question 3 Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $134,850. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $86,900, and annual cash outflows would increase by $40,400. The company's required rate of return is 12 % . Click here to view PV toble Calculate the internal rate of return on this project. (Round answers to 0 decimal places, e.g. 15 %.) Internal rate of return on this project is between % and % . Determine whether this project should be accepted? The project be accepted

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