The aftertax cash flow from the sale of this asset

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Reference no: EM132012448

Consider an asset that costs $1366000 and is depreciated straight-line to zero over its 10-year tax life. The asset is to be used in a 4-year project; at the end of the project, the asset can be sold for $129000. If the relevant tax rate is 0.38, what is the aftertax cash flow from the sale of this asset?

Reference no: EM132012448

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