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An asset used in a 4-year project falls in the 5-year MACRS class (refer to MACRS table on page 277 ), for tax purposes. The

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An asset used in a 4-year project falls in the 5-year MACRS class (refer to MACRS table on page 277 ), for tax purposes. The asset has an acquisition cost of $21,890,469 and will be sold for $5.592,831 at the end of the project. If the tax rate is 0.33 , what is the aftertax salvage value of the asset

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