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19. Which of the following statements is CORRECT regarding estimating cash flows for project evaluation? Cost savings will reduce a project's NPV Depreciation shield will

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19. Which of the following statements is CORRECT regarding estimating cash flows for project evaluation? Cost savings will reduce a project's NPV Depreciation shield will decrease a projects NPV as it is an expense Taxes are not considered in the calculation of net cash flow Depreciation shield will increase a projects NPV as it reduces the overall taxes owed

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