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mc9 Southwest Airlines just bought a new jet for $36,000,000. The jet falls into the 7year MACRS category, with the following depreciation rates (half-year convention):

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Southwest Airlines just bought a new jet for $36,000,000. The jet falls into the 7year MACRS category, with the following depreciation rates (half-year convention): The jet can be sold for $28,800,000 after 5 years. The company has a marginal tax rate of 34%. What is the after-tax salvage value at the end of year 5

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