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[The following information applies to the questions displayed below.] Jenny Inc. has provided the following data concerning an investment project that has been proposed: The
[The following information applies to the questions displayed below.] Jenny Inc. has provided the following data concerning an investment project that has been proposed: The company?s tax rate is 30%. For tax purposes, the entire initial investment will be depreciated over 5 years without any reduction for salvage value. The company uses a discount rate of 14%. Required Information When computing the net present value of the project, what is the after-tax cash flow from the salvage value in the final year? $45,000 $13,500 $ 0 $31,500
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