Project valuation with WACC

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question English réponse English
What's the depreciation tax shield?
commencer à apprendre
tax rate. depreciation = depreciation tax shield
Calcule the depreciation:
commencer à apprendre
annual depreciation = (cost - salvage value)/ useful life
unlevered net income
commencer à apprendre
EBIT. (1 - Tax rate) = unlevered net income
what's included on CapEx?
commencer à apprendre
Initial investment + Spending on long-term assets (machines, buildings)

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