All else constant, which of the following is correct?

Larger CCA rates reduce taxes for a corporation.

The half year rule permits firms to calculate CCA over the life of the asset on only half of the assets installed cost.

As a firm deducts depreciation, the market value of its assets decreases.

Capital cost allowance is the monies a firm has to spend to purchase its fixed assets.

Capital cost allowance has no effect on the net income of the firm.