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Firm Z, a corporation with a 21 percent tax rate, has $100,000to invest in year 0 and two investment choices. Investment 1 willgenerate $12,000 taxable

Firm Z, a corporation with a 21 percent tax rate, has $100,000to invest in year 0 and two investment choices. Investment 1 willgenerate $12,000 taxable cash flow annually for years 1 through 5.In y 2 answers

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