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Consider an asset that costs $ 1 , 3 0 2 , 8 8 6 and is depreciated straight - line to zero over its

Consider an asset that costs $1,302,886 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a 3-year project; at the end of the project, the asset can be sold for $195,607. If the relevant tax rate is 0.2, what is the aftertax cash flow from the sale of this asset?

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