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17.21 Global Industries (GI) is planning to use some existing equipment from its own facilities...

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Accounting

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17.21 Global Industries (GI) is planning to use some existing equipment from its own facilities in a foreign project. The used equipment has a book value of $2 million but a marketvalue of$6million. IfGl's marginal taxrate is 34%, whats its opportunity cost of using the used equipment in the foreign project

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