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consider an asset that costs 7 0 0 , 0 0 0 and is depreciated straight line to zero over its 7 year tax life.

consider an asset that costs 700,000 and is depreciated straight line to zero over its 7 year tax life. The asset is to be used in a 5 year project, at the end of the project, the asset can be sold for $151,000. If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset?

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