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Lynette is the CEO of publicly traded TTT Corporation and earns a salary of $380,000 in the current year. Assume TTT has a 35 percent

Lynette is the CEO of publicly traded TTT Corporation and earns a salary of $380,000 in the current year. Assume TTT has a 35 percent marginal tax rate.

1) What is TTT Corporations after-tax cost of paying Lynettes salary?

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