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3. Explain why incremental after-tax free cash flows are relevant in evaluating a project and be able to calculate the incremental after-tax free cash flows

3. Explain why incremental after-tax free cash flows are relevant in evaluating a project and be able to calculate the incremental after-tax free cash flows for a project.

4.Explain what is the after-tax salvage value and be able to calculate the after-tax salvage value.

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