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Wayne Company is considering a long-term investment project called ZIP. AIP will require an investment of $132,000. It will have a useful life of 4

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Wayne Company is considering a long-term investment project called ZIP. AIP will require an investment of $132,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80, 600, and annual cash outflows would increase by $41, 500. Compute the cash payback period. Cash payback period years

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