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Consider an asset that costs $422,400 and is depreciated straight-line to zero over its 12-year tax life. The asset is to be used in a

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Consider an asset that costs $422,400 and is depreciated straight-line to zero over its 12-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 $52,800. If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset? Multiple Choice O $647,868.00 $40,656.00 $84,770.40 $89,232.00 $93,693,60

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