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fubuki co
Yes - you have done it correctly :-)
The answer has the TAD as 650 per year. That is why you end up with different tax.
As I explained in the other answer you refer to, strictly the TAD should be 750 per year and the examiners note states that 750 a year would be given full credit.
Both methods would be OK.
The fact the the examiner calculated the TAD in a different way is not a different method!!!
Yes - if the TAD is different then obviously the NPV will be different.
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