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Sierra Company is considering a long-term investment project called ZIP ZIP will require an investment of $136,920, it will have a useful life of four

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Sierra Company is considering a long-term investment project called ZIP ZIP will require an investment of $136,920, it will have a useful life of four years and no salvage value. Annual cash inflows would increase by $91.280, and annual cash outflows would increase by $46,781. The company's required rate of return is 12% Calculate the internal rate of return on this project (Round answer to 1 decimal place, e. 12.4%) Internal rate of return Identify whether the project should be accepted or rejected The project should be accepted Attempts: 0 of 1 used Submit Answer Save for Later Last saved 36 minutes ago Saved work will be auto-submitted on the due date. Auto submission can take up to 10 minutes

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