estion 48 swer saved arked out of 0 ABC Products needs to replace its rawhide...
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Finance
estion 48 swer saved arked out of 0 ABC Products needs to replace its rawhide tanning and molding equipment can be used for five years and will have no salvage value. The equipment costs $930,000. The firm can lease it for $245,000 a year, or it can borrow the money to purchase the equipment at 6%. The firm's tax rate is 40%. The CCA rate is 20% (Class 8). What is the present value of the depreciation tax shield? Remove flag Select one: O a. $309,777 O b. $377,177 Oc. $336,959 d. $343,885 O e. 301,242 bic

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