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12. A firm expects to sell a fixed asset for 100 ten years from now. At that time the book value of the asset will

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12. A firm expects to sell a fixed asset for 100 ten years from now. At that time the book value of the asset will be 90. The corporate tax rate is 25%, and the discount rate is 10%. What contribution does the future asset sale has on the NPV of this asset? a. 37.6 b. 75.0 c. 97.5 CapitalGain=Raleprice-bookvalue=10090=10

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