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To start manufacturing new electric vehicles, Ford buys 5100 million in new equipment (CAPEX) in 2021. They depreciate this equipment on a straight- line basis

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To start manufacturing new electric vehicles, Ford buys 5100 million in new equipment (CAPEX) in 2021. They depreciate this equipment on a straight- line basis over 20 years and their tax rate is 20%. Suppose they decide to sell their electric vehicle equipment in 2031 after 10 years of depreciation for 565 million, what is the after-tax salvage value of this sale? 550 M $53M 562 M 565M QUESTIONS What is the 3-year discount factor if the discount rate per year is 847 1.26 0.79 0.93 1.08

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