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Find the amount to be amortized for a lease assuming: Assets costs $10,930,812 Yearly depreciation tax shield of $267,801 for two years After-tax Salvage value

Find the amount to be amortized for a lease assuming:

  • Assets costs $10,930,812
  • Yearly depreciation tax shield of $267,801 for two years
  • After-tax Salvage value of $678,394 in year two
  • Discount rate (required return) of 20%

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