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Assume a firm sells the following depreciable asset at the end of its useful life: Sale price = $1,000. Book value (for tax purposes) =

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Assume a firm sells the following depreciable asset at the end of its useful life: Sale price = $1,000. Book value (for tax purposes) = $900. Tax rate = 30% What is the after-tax salvage value of this asset? Question 3 1 pts Given the below information, calculate the FCFF: Revenues = 900; Costs = 500; Depreciation expense = 100; Interest expense = 50; Capital expenditure = 150; wC = 75; tax rate = 30%

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