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2. Consider an asset that costs $440,000 and is depreciated straight-line to zero over its 7-year tax life. The asset is to be used in
2. Consider an asset that costs $440,000 and is depreciated straight-line to zero over its 7-year tax life. The asset is to be used in a 5-year project, at the end of the project, the asset can be sold for $55,000. If the relevant tax rate is 32%, what is the after-tax cash flow from the sale of this asset
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