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New equipment costs $ 7 0 0 , 0 0 0 and is expected to last for four years with no salvage value. During this
New equipment costs $ and is expected to last for four years with no salvage value. During this time the company will use a CCA rate. The new equipment will save $ annually before taxes. If the company's required rate of return is determine the NPV of the purchase. Assume a tax rate of
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