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5) Refer to the information on Frugal Fashions. The CF 0 estimates that the store can be sold after four years for $7.5 million. Frugal's

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5) Refer to the information on Frugal Fashions. The CF 0 estimates that the store can be sold after four years for $7.5 million. Frugal's tax rate is 40 percent. What is the store's after-tax salvage value at t=4? a) $4.5 million b) $6.0 million c) $6.6 million d) $6.9 million

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