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Consider an asset that costs $184,800 and is depreciated straight-line to zero over its 16- year tax life. The asset is to be used in

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Consider an asset that costs $184,800 and is depreciated straight-line to zero over its 16- year tax life. The asset is to be used in a 8-year project; at the end of the project, the asset can be sold for $23,100. If the relevant tax rate is 25 percent, what is the aftertax cash flow from the sale of this asset? Multiple Choice O $398,487.00 $17,325.00 $42,446.25 $40,425.00 $38,403.75

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