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The last option is $28350 A road building company is purchasing an excavator for $500,000 The corporate tax rate is 45% and the expected after-tax

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The last option is $28350
A road building company is purchasing an excavator for $500,000 The corporate tax rate is 45% and the expected after-tax rate of retin is 12% What would be the present value of the future tax savings realized from capital cost allowance (CCA)? (Ignore the accelerated CCA rule) Mutiple Choice $339,286 $160,714 $75,000

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