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The asset is to be used in a 5-year project at the end of

Consider an asset that costs $770000 and is depreciated straight-line to zero over its 15-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $290000. If the relevant tax rate is 0.27, what is the aftertax cash flow from the sale of this asset (SVNOT)?

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Business Economics: The asset is to be used in a 5-year project at the end of

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