The wayne company is considering a long term investment project called ZIP. Zip will require...
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The wayne company is considering a long term investment project called ZIP. Zip will require an investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80000, and annual cash outflows would increase by 40000. The company's required rate of return is 12%. Calculate the net present value on this project.
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