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The cost of the machine is $12,203. The CCA rate is 27%. After 9 years, the machine is sold for $1,956 which is less than
The cost of the machine is $12,203. The CCA rate is 27%. After 9 years, the machine is sold for $1,956 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 9% and the tax rate is 37%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule)
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