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Consider an asset that costs $343,200 and is depreciated straight-line to zero over its 13-year tax life. The asset is to be used in a

Consider an asset that costs $343,200 and is depreciated straight-line to zero over its 13-year tax life. The asset is to be used in a 6-year project; at the end of the project, the asset can be sold for $42,900.

If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset?

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