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For capital budgeting plans, the annual depreciation tax shield is equal to the puirchase price of the asset times the tax rate. True False
For capital budgeting plans, the annual depreciation tax shield is equal to the puirchase price of the asset times the tax rate.
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False
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
9th Edition
0618938737, 978-0618938735
