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DON Corporation is making a decision about a project that has an after - tax internal rate of return of 1 8 % . If

DON Corporation is making a decision about a project that has an after-tax internal rate of return of 18%. If the company pays 30% corporate income tax rate what is the before-tax internal rate of return?
Question 6 options:
22.4%
18.0%
12.6%
25.7%
60.0%

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