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Currently. Atlas Tours has $6.12 million in assets. This is a peak six-month period. During the other six months, temporary current assets drop to $490,000

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Currently. Atlas Tours has $6.12 million in assets. This is a peak six-month period. During the other six months, temporary current assets drop to $490,000 Short-term rates are 4 percent. Long-term rates are 5 percent. Annual cainings before interest and taves are $470.000. The tax rate is 38 percent. a. If the assets are perfectly hedged throughout the yeat, what will carnings after taves be? (Enter answers in whole dollor, not in million.) Earnings after taxes b. If short-term interest rates increase to 5 percent when assets are at their lowed lovel what will carnings after tares be? Earnings after taxes $

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