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The Swphan Company is considering a new project that will have an annual depreciation expense 3 milion Shan's marginal corporate tax rates 20% and is

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The Swphan Company is considering a new project that will have an annual depreciation expense 3 milion Shan's marginal corporate tax rates 20% and is average corporate tarate is 20%. Then what is the value of the depreciation tax shield on the company's new project? SA 505 OD 500 OC 310 OD 308

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