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Calculate the present value of the CCA Tax Shield for an asset costing $200,000, CCA Rate of 25%, Salvage Value of $8000, tax rate of

Calculate the present value of the CCA Tax Shield for an asset costing $200,000, CCA Rate of 25%, Salvage Value of $8000, tax rate of 35%, a cost of capital discount rate of 12%, and a 20 year term. Multiple Choice $40,954 $42,522 $56,717 -$42,856

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