Question
1 - part a - ii Project Q offers a pre-tax return of 7% while project Z has a pre-tax rate of return of 11%.
| 1 - part a - ii
Project Q offers a pre-tax return of 7% while project Z has a pre-tax rate of return of 11%. At the same time, income streams from Project Q are tax exempt while income from Project Z is taxable at an ordinary tax rate of 24%. (assume the tax year is 2020)
Fill in the blank: The after-tax rate of return for Project Z is _____%. |
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
