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Colter Steel has $5,450,000 in assets Temporary current assets Permanent current assets Fixed assets Total assets $ 2,900,000 1,595,000 955.000 $ 5,450,000 Assume the term

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Colter Steel has $5,450,000 in assets Temporary current assets Permanent current assets Fixed assets Total assets $ 2,900,000 1,595,000 955.000 $ 5,450,000 Assume the term structure of interest rates becomes inverted with short-term rates going to 13 percent and long-term rates 5 percentage points lower than short-term rates. Earnings before interest and taxes are $1,150,000. The tax rate is 20 percent if long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing what will earnings after taxes be? Earnings after taxes mi

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