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Suppose that Sudbury Mechanical Drifters is proposing to invest$10.9 million in a new factory. It can depreciate this investmentstraight-line over 10 years. The tax rate is 40%, and the discountrate is 12%a. What is the present value of Sudbury’s depreciation taxshields? (Enter your answers in millions rounded to 1 decimalplace.)straight line schedule  year1year2year3year4year5year6year7year8year9year10Totalstraight line 10 yeartax shields at 40%TcPV (Tax Shields) at 12 %b. Suppose that the government allows companies to usedouble-declining-balance depreciation with the option to switch atany point to straight-line. Now what is the present value of thedepreciation tax shields?double decline scheduleyear1year2year3year4year5year6year7year8year9year10totalStart of year Book ValueDepreciationTax Shields at 40% TcPV (tax shields) at 12%c. What would be the present value of the taxshield if the government allowed Sudbury to write-off the factoryimmediately? (Enter your answer in millions rounded to 1decimal place.)percent value of depreciation tax shields