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A machine is purchased and depreciated over four years. The tax rate is 21% and the project's cost of capital is 10.50%. What is the
A machine is purchased and depreciated over four years. The tax rate is 21% and the project's cost of capital is 10.50%. What is the after tax salvage value if the machine is purchased today for $690,000 and sold for $175,000 after three years?
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