Question
A company has a project that has a capital cost of $1,450,000. When the project is finished in 4 years, the equipment can be sold
A company has a project that has a capital cost of $1,450,000. When the project is finished in 4 years, the equipment can be sold for $575,000. The CCA rate is 30%, the tax rate is 20% and the required rate of return is 8% and is compounded annually. What is the present value of the CCA tax shield?
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
