Wildhorse Company is considering a long-term investment project called ZIP. ZIP will require an investment of $120,450. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $82,500, and annual cash outflows would increase by $41,250. The company's required rate of return is 12%. Click here to view the factor table. Calculate the internal rate of return on this project. (Round answers to 0 decimal places, e.g. 15\%.) Internal rate of return on this project is between % and %. Determine whether this project should be accepted? The project be accepted. Sandhill Company is considering a long-term investment project called ZIP. ZIP will require an investment of $143,930. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,800, and annual cash outflows would increase by $40,900. Compute the cash payback period. (Round answer to 2 decimal places, e.g. 10.52.) Cash payback period years