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( After - tax salvage value ) An asset used in a two - year project falls in the three - year MACRS class for
Aftertax salvage value An asset used in a twoyear project falls in the threeyear MACRS class for tax purpose: The asset has an acquisition cost of $ and will be sold for $ at the end of the project. If the tax rate is the aftertax salvage value of the asset is $
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