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Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $136,203. It will have a useful life of 4

Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $136,203. 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 $38,500. The companys required rate of return is 8%.

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