A $50,000,000 rig has 7-year depreciable life and a zero salvage value at the end...
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A $50,000,000 rig has 7-year depreciable life and a zero salvage value at the end of that time. Determine which one of the following methods, SOYD or MACRS (With half Year Convention in first Year) provides preferred depreciation schedule at 10% discount rate. Show the depreciation schedules for each method and your calculations
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