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Consider an asset that costs $998,388 and is depreciated straight-line to zero over its 16-year tax life. The asset is to be used in a

Consider an asset that costs $998,388 and is depreciated straight-line to zero over its 16-year tax life. The asset is to be used in a 6-year project; at the end of the project, the asset can be sold for $220,908. If the relevant tax rate is 0.25, what is the aftertax cash flow from the sale of this asset (SVNOT)?

Consider an asset that costs $1,052,116 and is depreciated straight-line to 69,721 over its 13-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 $203,404. If the relevant tax rate is 0.33, what is the aftertax cash flow from the sale of this asset (SVNOT)?

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