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The cost of the machine is $14,366. The CCA rate is 26%. After 10 years, the machine is sold for $1,333 which is less than
The cost of the machine is $14,366. The CCA rate is 26%. After 10 years, the machine is sold for $1,333 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 32%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule)
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Public Finance
Authors: Steven G. Medema, Carl Sumner Shoup
1st Edition
0202307859, 978-0202307855
