Consider an asset that costs $ 8 7 0 , 3 0 0 and is depreciated straight
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Question:
Consider an asset that costs $ and is depreciated
straightline to zero over its nineyear tax life. The asset is to
be used in a sixyear project; at the end of the project, the asset
can be sold for $If the relevant tax rate is percent, what is the aftertax
cash flow from the sale of this asset? Do not round intermediate
calculations and round your answer to the nearest whole number,
egAftertax salvage value $
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