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The asset is to be used in a 6-year project at the end of

Consider an asset that costs $1293000 and is depreciated straight-line to 23000 over its 16-year tax life. The asset is to be used in a 6-year project; at the end of the project, the asset can be sold for $120000. If the relevant tax rate is 0.24, what is the aftertax cash flow from the sale of this asset (SVNOT)?

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Finance Basics: The asset is to be used in a 6-year project at the end of

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