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The present value of the tax shield on CCA formula is based on the idea that tax shields from CCA continue in perpetuity as long
The present value of the tax shield on CCA formula is based on the idea that tax shields from CCA continue in perpetuity as long as Blank
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the firm has any assets remaining
there are assets remaining in the CCA class
EBIT remains positive
there are no assets in the CCA class
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