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I'm confused by this?. If Julius has a 32 percent tax rate and a 10 percent after-tax rate of return, a $54,000 tax deduction in

I'm confused by this?. If Julius has a 32 percent tax rate and a 10 percent after-tax rate of return, a $54,000 tax deduction in two years will save how much tax in today's dollars? Use Exhibit 3.1. (...

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