A new municipal truck can be purchased for 90000 its, Financial Management

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A new municipal truck can be purchased for 90000 its

A new municipal truck can be purchased for $90,000. Its expected useful life is six years, at which time the MV and BV will be zero. BTCF will be approximately $28,000 per year over the six-year useful life of the truck. Use SL depreciation, an effective income tax rate of 40%. What is the after-tax IRR

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Financial Management: A new municipal truck can be purchased for 90000 its

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