Factors that affect the value of tax savings from depreciation include:

Question 20 options:

1)	amount of depreciation

2)	acceleration of depreciation

3)	the marginal tax rate

4)	all of the above

A test that determines if the original issue discount (OID) rules apply is the:

Question 18 options:

1)	time value of money test

2)	adequacy of interest test

3)	risk-return test

4)	(1) and (2)

5)	(2) and (3)

A prepayment penalty is fully tax deductible in the year it is paid.

true or false