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You purchase an equipment now for your company for $10,000. You will sell the equipment for $7200 after 2 years. The marginal tax rate for

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You purchase an equipment now for your company for $10,000. You will sell the equipment for $7200 after 2 years. The marginal tax rate for your company is 40%. If the CCA rate is 20% and the required rate of return on this project is 10%. What is the present value of CCA tax shield? $904.32 $958.68 $1022.17 $933.24

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