pence per stamp, and you have fixed costs of 950,000 per year. If your tax rate is

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pence per stamp, and you have fixed costs of £950,000 per year. If your tax rate is 34 per cent and your required return on this project is 12 per cent, what bid price should you submit on the contract?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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