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You buy PP&E today for $10million. You depreciate this asset straight line for 10 years. However, in year 8 you sell the asset for $4million.

You buy PP&E today for $10million. You depreciate this asset straight line for 10 years. However, in year 8 you sell the asset for $4million. What is the Salvage Value net of tax (SVNOT) if the tax rate is 21%?

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