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Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment...

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Accounting

Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,045. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,900, and annual cash outflows would increase by $38,900. The companys required rate of return is 10%. What is the Net Present Value?

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