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Billy owns an investment that yields a 10% rate of return each year. The returns from this investment are fully taxable for income tax purposes.
Billy owns an investment that yields a 10% rate of return each year. The returns from this investment are fully taxable for income tax purposes. If Billy is in a 25% tax bracket, what is his after-tax rate of return
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Entrepreneurial Finance
Authors: Simon Hulme, Chris Drew
1st Edition
1352009811, 978-1352009811
