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33. An investment of $800,000 is made in equipment that qualifies as 3-year equip- ment for MACRS-GDS depreciation. The BTCF profile for the investment is

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33. An investment of $800,000 is made in equipment that qualifies as 3-year equip- ment for MACRS-GDS depreciation. The BTCF profile for the investment is given below, including a $200,000 salvage value at the end of the 5-year plan ning horizon. A 40 percent tax rate applies and the after-tax MARR is 8 percent. Determine the ATCF for each year and the after-tax PW, AW, IRR, and ERR. BTCF EOY 0 1 2 3 4 5 -$800,000 100,000 200,000 300,000 400,000 700,000

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