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Consider an asset that costs $466,400 and is depreciated straight-line to zero over its 15-year tax life. The asset is to be used in a
Consider an asset that costs $466,400 and is depreciated straight-line to zero over its 15-year tax life. The asset is to be used in a 7-year project; at the end of the project, the asset can be sold for $58,300. If the relevant tax rate is 21 percent, what is the aftertax cash flow from the sale of this asset? Multiple Choice O $93,379.11 O O $103.208.49 $98.293.80 O O $854.107.00 O $46,057.00
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