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finance 2 answers below » An asset used in a four-year project falls in the five-year MACRS class (MACRS Table) for tax purposes. The
asset has an acquisition cost of $8,600,000 and will be sold for $1,900,000 at the end of the project. If the tax rate is 40 percent, what is the aftertax salvage value of the asset? Jan 11 2014 01:35 AM
