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A corporation currently faces a tax rate t . = 4 6 % . If it expects the corporate tax rate to fall to 3

A corporation currently faces a tax rate t.=46%. If it expects the corporate tax rate to fall to 34% next year, whatincentive does the corporation face this year?i) Accelerating certain tax-deductible expendituresii) Selling certain assets at a gainiii) Postponing the recognition of income

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