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Consider an asset that costs $425.000 and is depreciated straight-line to zero over its six-year tax life. The asset is to be used in a

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Consider an asset that costs $425.000 and is depreciated straight-line to zero over its six-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $65.000. If the relevant tax rate is 25 percent, what is the aftertax cash flow from the sale of this asset? $73,526.67 $68,411.19 $66,458.25 $42,473.33 $70,103.33

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