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Danio Inc.'s income before taxes is $450,000 and its tax rate is 30%. Danio included $40,000 of interest from municipal bonds in the $450,000. There

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Danio Inc.'s income before taxes is $450,000 and its tax rate is 30%. Danio included $40,000 of interest from municipal bonds in the $450,000. There are no other book-tax differences. What is the effective tax rate for Danio Inc.? (Do not round intermediate calculations Only round your final answer to the nearest percent) O A. 27% OB. 30% OC. 33% OD. 25%

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