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The cost of the machine is $12,279. The CCA rate is 26%. After 10 years, the machine is sold for $2,467 which is less than
The cost of the machine is $12,279. The CCA rate is 26%. After 10 years, the machine is sold for $2,467 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 8% and the tax rate is 38%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule)
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Financial Management And Policy
Authors: James C. Van Horne
12th Edition
0130326577, 9780130326577
