3. The result of Capital Cost Allowance multiplied by marginal corporate tax rate is called:

A. total tax cost

B. corporate income tax

C. the capital cost allowance tax shield

D. none of the above

9. In Canada, the deductions of capital cost allowance have:

A. negative impact on the firm's cash flows

B. no impact on the firm's cash flows

C. positive impact on the firm's cash flows

D. none of the above

10. The capital cost allowance tax shield is nothing more than a growing perpetuity with a growth rate equal to:

A. a positive percentage

B. a negative percentage

C. zero

D. none of the above