D) $48 7) A firm has a general-purpose machine, which has a book value of $300,000 and is worth $500,000 in the market. If the tax rate is 21 percent, what is the opportunity cost of using the machine in a project? A) $500,000 B) $458,000 C) $300,000 D) $200,000 d of three independent

D) $48 7) A firm has a general-purpose machine, which has a book value of $300,000 and is worth $500,000 in the market. If the tax rate is 21 percent, what is the opportunity cost of using the machine in a project? A) $500,000 B) $458,000 C) $300,000 D) $200,000 d of three independent

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section: Chapter Questions

Problem 6P

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Question

D) $48
7) A firm has a general-purpose machine, which has a book value of $300,000 and is worth
$500,000 in the market. If the tax rate is 21 percent, what is the opportunity cost of using the
machine in a project?
A) $500,000
B) $458,000
C) $300,000
D) $200,000
d of three independent

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