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Question 6 5 pts The following is a description of an investment project: Equipment will cost $50.000 Installation costs for the equipment are $5,000 and
Question 6 5 pts The following is a description of an investment project: Equipment will cost $50.000 Installation costs for the equipment are $5,000 and delivery costs are another $2.000 . The equipment will be depreciated according to 5-year MACRS This new equipment will be replacing old equipment that has been completely depreciated and has a current salvage value of $8,000. The marginal tax rate - 30% What is the initial investment? $51,400 $49,000 O $57,000 $37,400
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