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If you could show steps, that would be awesome! 9. In eight years, Larson Company plans to receive $11,000 cash from the sale of a
If you could show steps, that would be awesome!
9. In eight years, Larson Company plans to receive $11,000 cash from the sale of a machine that has a $16,000 book value. If the firm is subject to a 30% income tax rate, and has a 12% after-tax hurdle rate, the correct discounted cash flow would be:
a. $606
b. $1,414
c. $3,838
d. $5,050
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