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( After - tax salvage value ) An asset used in a two - year project falls in the three - year MACRS class for

(After-tax salvage value) An asset used in a two-year project falls in the three-year MACRS class for tax purpose: 0.3333,0.4444,0.1482,0.0741. The asset has an acquisition cost of $30,000,000 and will be sold for $13,000,000 at the end of the project. If the tax rate is 21%, the after-tax salvage value of the asset is $________________.

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