Your company is currently evaluating a project that would require the purchase of new production equipment valued at $10m. The company is subject to a marginal tax rate of 40%. Its cost of capital is 8% p.a. Accounting standards and tax law allow two different ways to depreciate this production equipment: Linear depreciation over 10 years, starting from year 1. Full tax deduction of the investment in year 1. Please determine which depreciation method results in a higher NPV of the depreciation tax benefit. Hint: No calculations required. The linear deprecation method results in a higher NPV of the depreciation tax benefit because it correctly recognizes the time value of the depreciation expense in each