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8. Under the buy option (Buy vs. Lease Analysis), interest and depreciation expenses are tax deductible. Assume the interest and depreciation expense amount to $300

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8. Under the buy option (Buy vs. Lease Analysis), interest and depreciation expenses are tax deductible. Assume the interest and depreciation expense amount to $300 and $500, respectively, in a year. If your firm's tax rate is 21%, the total tax savings will be A. B. C. D. E. $200 $240 $268 $420 None of the above

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