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Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $123,600. It will have a useful life of 4

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Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $123,600. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $86,400 and annual cash outflows would increase by $45,200. The company's required rate of return is 12%. Click here to Calculate the internal rate of return on this project. (Round answers to 0 decimal places, eg, 15%.) % and Internal rate of return on this project is between The project be accepted

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