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Your company is considering a new project that will require $100,000 of new equipment at the start of the project the equipment we have a

Your company is considering a new project that will require $100,000 of new equipment at the start of the project the equipment we have a depreciable life of 10 years and will be depreciated to a book value of $5000 using straight line depreciation. The cost of capital is 14% and the farms tax rate is 21% estimate the present value of the text benefits from depreciation.

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