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your company is considering a new project that will require $100000 of new equipment at the start of a project. the equipment will have a

your company is considering a new project that will require $100000 of new equipment at the start of a project. the equipment will have a depreciable life of 10 years and will be depreciated to a book value of $5000 using staright line depreciation. the cost of capital is 14 percent, and the firm's tax rate is 21 percent. estimate the present value of the tax benefits from depreciation

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