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#9 CALCULATING AFTER-TAX SALVAGE VALUE (1PT) A project has an initial asset investment of $250,000 which is depreciated straight-line to $0 over its 10 year

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\#9 CALCULATING AFTER-TAX SALVAGE VALUE (1PT) A project has an initial asset investment of $250,000 which is depreciated straight-line to $0 over its 10 year life. The asset is to be used in a 4 year project and then sold for $145,000. The tax rate =25%. What is the after-tax salvage value that you would add to the project cash flows in the final year of the project

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