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Consider an asset that costs $600,000 and is depreciated straight-line to zero over its ten-year tax life. The asset is to be used in a

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Consider an asset that costs $600,000 and is depreciated straight-line to zero over its ten-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 $105,000. If the relevant tax rate is 35 percent, what is the aftertax cash flow from the sale of this asset? $150,250 S300,000 $173,250 $105,000

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