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Sheffeld Comparyy is considering a long-term investment project called ZIP. ZIP will require an investment of $97,713, It will have a useful life of 4
Sheffeld Comparyy is considering a long-term investment project called ZIP. ZIP will require an investment of $97,713, It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,800, and annual cashoutflows would increase by $47.900. The company's required rate of return is 12%. Click here to view PV table. Calculate the internal rate of return on this project. (Round answers to O decimal places, eg. 15\%) Internai rate of return on this project is between % and %. Determine whether this project should be accepted? The project be accepted
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