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A project you're considering involves an immediate capital expenditure of $4,000 that can be depreciated over 4 years. If your tax rate is 15% and

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A project you're considering involves an immediate capital expenditure of $4,000 that can be depreciated over 4 years. If your tax rate is 15% and the discount rate is 10% what is the present value of all incremental cash flows associated with this capital expenditure? -$1,847 -$3,524 -$3,279 -$1,246 -$830

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