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If the purchasing-power parity theory is true, then:
Tax Rate
The cut of income taxed from individuals and corporations.
Book Value
The net value of a company's assets minus its liabilities, often used to determine a company's financial health.
Terminal Value
The estimated value of a business or project beyond the explicit forecast period, often assumed to have a steady growth rate.
Salvage
Salvage relates to the estimated resale or scrap value of an asset at the end of its useful life, which is considered when calculating depreciation expenses.
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