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agoldberg2011 agoldberg2011
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7 months ago
Why do we add the result from the CCA tax shield to the NPV analysis?

▸ The CCA tax shield represents tax cash flow saved by depreciating the asset.

▸ The CCA tax shield represents tax cash flow saved by expensing the interest.

▸ Tax shield is a cost.

▸ None of the above
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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kuteemekuteeme
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7 months ago
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agoldberg2011 Author
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7 months ago
Smart ... Thanks!
jakechambo3
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Yesterday
This site is awesome
Tim0301
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2 hours ago
this is exactly what I needed
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