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If you are considering a seven-year project that will require a one-time capital purchase of a machine that costs $28 million dollars and has a

If you are considering a seven-year project that will require a one-time capital purchase of a machine that costs $28 million dollars and has a useful life of 7 years, with no residual or salvage value at the end of the seven years, how much is the annual depreciation tax shield if the corporate tax rate is 30% if you use a linear depreciation method?

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