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Consider an asset that costs $202,400 and is depreciated straight-line to zero over its 10-year tax life. The asset is to be used in a 8-year project; at the end of the project, the asset can be sold for $25,300. Required : If the relevant tax rate is 33 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) rev: 09_18_2012 $28,793.93 $16,951.00 $31,824.87 $167,245.00 $30,309.40

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Financial Management, Finance

Category:- Financial Management
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