If the relevant tax rate is 29 percent what is the aftertax, Financial Management

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If the relevant tax rate is 29 percent what is the aftertax

Consider an asset that costs $512050 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $169663. If the relevant tax rate is 29 percent, what is the aftertax cash flow from the sale of this asset?

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Financial Management: If the relevant tax rate is 29 percent what is the aftertax

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