Your Firm Is Considering A Project That Would Require Purchasing 7 5 Million Wor

Your firm is considering a project that would require purchasing $ 7.5 million worth of new equipment. determine the present value of the depreciation tax shield associated with this equipment if the​ firm’s tax rate is 31 % ​, the appropriate cost of capital is 9 % ​, and the equipment can be​ depreciated: