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11. In a net present value analysis of an equipment upgrade using a 30% tax rate, what amount of cash savings would have the same

11. In a net present value analysis of an equipment upgrade using a 30% tax rate, what amount of cash savings would have the same present value as a $168,000 depreciation deduction? a. $35,280 b. $50,400 c. $72,000 d. $117,600

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