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An asset used in a 4-year project falls in the 5-year MACRS class, for tax purposes. The asset has an acquisition cost of $16,576,291 and

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An asset used in a 4-year project falls in the 5-year MACRS class, for tax purposes. The asset has an acquisition cost of $16,576,291 and will be sold for $5,955,066 at the end of the project. If the tax rate is 0.32 , what is the aftertax salyage value of the asset (SVNOT)

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