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What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $88,500.00, the tax rate is
What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $88,500.00, the tax rate is 20.00%, the equipment is sold in 3 years for $15,200.00, and MACRS depreciation is used where the depreciation rates in years 1, 2, 3, and 4 are 40.00%, 35.00%, 20.00%, and 5.00%, respectively
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Handbook Of Financial Econometrics
Authors: Yacine Ait-Sahalia, Lars Peter Hansen
1st Edition
044450897X, 978-0444508973
