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Mona Inc recently spent $21 million to purchase some production equipment. This equipment has a CCA rate of 25% and the marginal corporate tax rate

Mona Inc recently spent $21 million to purchase some production equipment. This equipment has a CCA rate of 25% and the marginal corporate tax rate is 35%. What is the present value of all the CCA tax shields, assuming the equipment is never sold and the appropriate discount rate is 14%.

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