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Current Attempt in Progress Monty Inc is contemplating the purchase of an asset costing $ 4 7 0 0 0 which will provide cost savings

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Current Attempt in Progress
Monty Inc is contemplating the purchase of an asset costing $47000 which will provide cost savings of $20000 in year 1,$19000 in year 2 and $22000 in year 3. The asset will have a salvage value of $5400. The company's required rate of return is 10%. The company uses straight-line depreciation. What is the Net Present Value of this project?
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