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Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $133,340. 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 $133,340. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $88,300, and annual cash outflows would increase by $43,100. The company's required rate of return is 12%. Click here to view PV table. Calculate the internal rate of return on this project. (Round answers to 0 decimal places, e.8. 15\%) Internal rate of return on this project is between % and 9. Determine whether this project should be accepted? The prolect be accepted

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