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What are the after-tax proceeds for a firm

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    Assignment ID: FG133056724

    Question – Given an asset with a net book value (NBV) of $17,000.

    a. What are the after-tax proceeds for a firm in the 35% tax bracket if this asset is said for $26,000 cash?

    b. What are the after-tax proceeds for a firm in the 35% tax bracket if this asset is sold for $10,000 cash?

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