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CE11.17 Assume that instead of fully depreciating the project, the company decides to record depreciation of $300 per year. Use the ROIM to value
CE11.17 Assume that instead of fully depreciating the project, the company decides to record depreciation of $300 per year. Use the ROIM to value the project. What effect does this change in profits due to altering depreciation have on the value calculation?
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