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Wallowa Company is considering a long-term investment project called ZIP, ZIP will require an investment of $120,000. It will have a useful life of 4

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Wallowa Company is considering a long-term investment project called ZIP, ZIP will require an investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $40,000. The company's required rate of return is 12%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Calculate the net present value on this project. Whether this project should be accepted

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