Question
A company is in a state with a 5% tax rate but needs a 9% after-tax rate of return. If it is in a39% federal
A company is in a state with a 5% tax rate but needs a 9% after-tax rate of return. If it is in a39% federal tax bracket, enter here on Blackboard the estimate of the before-tax rate of return (in percent to 2 decimal places like 9.38%) the company needs to have.
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
