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a firm has a general-purpose machine, which has a book value of $300,000 and is worth $500,000 in the market. If the tax rate is
a firm has a general-purpose machine, which has a book value of $300,000 and is worth $500,000 in the market. If the tax rate is 21 percent what is the opportunity cost of using the machine in a project?
$458,000
$300,000
$500,000
$200,000
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