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please help, due soon! 7. A machine costs $90 million, has a three-year useful life, and has zero salvage value. Assume a discount rate of
please help, due soon!
7. A machine costs $90 million, has a three-year useful life, and has zero salvage value. Assume a discount rate of 15% and a 25% tax rate Assuming the machine is depreciated on a straight-line basis, what is the present value of the depreciation tax savings? (5 pts) Step by Step Solution
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