Question: Your answer is partially correct. Wayne Company is considering a long-term investment project called ZIP.ZIP will require an investment of $120,000. It will have a
Your answer is partially correct. 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 $80,000, and annual cash outflows would increase by $40,000. 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%.) 12 his project is between % and Determine whether this project should be accepted? The project should be accepted
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