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Answer the Following Questions with Respect to a 'Depreciation Tax

Question 91

Essay

Answer the following questions with respect to a 'depreciation tax shield'.
A. What is a 'depreciation tax shield'?
B. What does it generate - a cash inflow or outflow?
C. Can it impact the net present value of a capital investment? Why or why not?

Correct Answer:

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A. A depreciation tax shield is a tax sa...

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