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A company is considering a project that is expected to generate cost savings. The project...

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Accounting

A company is considering a project that is expected to generate cost savings. The project would require the purchase of an asset for $1,200,000. Assume the following: Present Value of Salvage Value = $60,000; PVCCATS = $250,000; Present Value of After-tax Savings = $900,000. What is the NPV for the project?

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