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Assume hypothetically that the USA is faced with uncertainty over future corporate tax policies as a result of hypothetical upcoming presidential elections. The Democratic candidate

Assume hypothetically that the USA is faced with uncertainty over future corporate tax policies as a result of hypothetical upcoming presidential elections. The Democratic candidate has promised to increase the corporate tax rate by up to 10% if she wins the presidential elections. The Republican candidate on the other hand has promised to reduce the corporate tax rate by up to 10% if he wins the presidential elections. Explain briefly how would you potentially deal with such corporate tax uncertainty in any valuation exercise.

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