1. hat must be substtracted from the cost of a building or equipment to find its depreciable base?
2. A stock has an expected return of 13.4 percent, the risk-free rate is 3.8% and the market risk premium is 7%. What must be the beta of this stock?
3. What are the main elements of the MACRS system for depreciation for tax reporting that causes it to result in high depreciation in the early years of an asset's lifetime?