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Question(s) / Instruction(s):

A firm purchases a new truck for $30,000. It will be depreciated over 5 years at $6,000 per year. If the tax rate is 30% what is the time 0 cash flow? a. $-6,000 b. $-21,000 c. $-30,000 d. $-28,200 e. None of the above.

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