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Question 32 Not yet answered A French multinational pharmaceutical company headquartered in Paris sells 5,000 drugs monthly to its Australian subsidiary at a transfer price of $48,000 per unit. Suppose that the transfer price can be set at any level between $45,000 to $53,000. The French and Australian marginal tax rates on corporate income are assumed to equal 22% and 17.6%, respectively. At what unit transfer price will corporate taxes paid be minimized? (Please round your answer to the nearest integer) Marked out of 1.00 P Flag