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Acapital investment Tug has the following current and projected cash flows during the recovery period. Using MACRS depreciation with half-year convention, what will be the

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Acapital investment" Tug has the following current and projected cash flows during the recovery period. Using MACRS depreciation with half-year convention, what will be the present value of its cash flow after taxes in year three? Initial Cost (5) Revenue ($/yr) Maintenance (Syr) Tax Rate Market Rate Inflation Rate $350,000 $150,000 $20,000 40% 5% 4%

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