Calculate the effective tax rate, given the following

returns of the investment: BT Levered IRR $=21\mathrm{.}15\%AT$

Levered IRR $=16\mathrm{.}02\%$ Year $1$ Levered Cash$-$on$-$Cash $=$

$6\mathrm{.}12\%$ Year $2$ Levered Cash$-$on$-$Cash $=6\mathrm{.}59\%$

Too few information to calculate the effective tax rate of

this investment.

The effective tax rate is approximately $21\mathrm{.}2\%.$

The effective tax rate is approximately $24\mathrm{.}3\%.$

The effective tax rate is approximately $19\mathrm{.}8\%.$