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Consider an asset that costs $ 6 4 4 , 1 3 3 and is depreciated straight - line to zero over its 1 0

Consider an asset that costs $644,133 and is depreciated straight-line to zero over its 10-year tax life. The asset is to be used in a 4-year project; at the end of the project, the asset can be sold for $103,921. If the relevant tax rate is 0.38, what is the aftertax cash flow from the sale of this asset?

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