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QUESTION 11 Consider an asset that costs $176,000 and is depreciated straight-line to zero over its 9 -year tax life. The asset is to be
QUESTION 11 Consider an asset that costs $176,000 and is depreciated straight-line to zero over its 9 -year tax life. The asset is to be used in a 8 -year project; at the end of the project, the asset can be sold for $22,000. The relevant tax rate is 30 percent. What is the aftertax cash flow from the sale of this asset? $21,267 $22,635 $25,300 $30,153 $34,627
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