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You just purchased $235,000 of equipment that is classified as five-year MACRS property. The MACRS rates are .2, .32, .192, .1152, .1152, and .0576 for

You just purchased $235,000 of equipment that is classified as five-year MACRS property. The MACRS rates are .2, .32, .192, .1152, .1152, and .0576 for Years 1 to 6, respectively. What will be the book value of this equipment at the end of three years assuming no bonus depreciation is taken? A. $58,467 B. $159,533 C. $67,680 D. $62,784 E. $155,216

Suppose a stock had an initial price of $76 per share, paid a dividend of $1.42 per share during the year, and had an ending share price of $81.36. What was the capital gains yield?

  • A. 6.17 percent
  • B. 6.58 percent
  • C. 5.44 percent
  • D. 7.05 percent
  • E. 6.69 percent

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