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I Thomas has a 37 percent tax rate and a 6 percent after-tax rate of return, $50,000 of income in five years will cost him

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I Thomas has a 37 percent tax rate and a 6 percent after-tax rate of return, $50,000 of income in five years will cost him how much tax In today's dollars? Use Exhibit 3.1. (Round discount factor(s) to three decimal places.) Multiple Choice 550.000 $18.500 O $37,350 $13.820 None of the choices are correct

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