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Question 18 7.5 pts Consider an asset that costs $150,000 and is depreciated straight-line to zero over its 10-year tax life. The asset is to

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Question 18 7.5 pts Consider an asset that costs $150,000 and is depreciated straight-line to zero over its 10-year tax life. The asset is to be used in a 7-year project; at the end of the project, the asset can be sold for $20,000. The relevant tax rate is 30 percent. What is the after-tax cash flow from the sale of this asset? $20,000 $27,500 $34,100 $12,500

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