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Oriole, Inc., operates in a state where companies face a tax rate of 9 percent on taxable income up to $1,000,000 and 10.5 percent on
Oriole, Inc., operates in a state where companies face a tax rate of 9 percent on taxable income up to $1,000,000 and 10.5 percent on taxable income above $1,000,000. Assume the federal tax rate is a flat 21 percent and Oriole, Inc., will have taxable income of $1,440,000 for the year. (Round answers to 1 decimal place, e.g. 15.5\%.) What is the firm's average blended federal and state tax rate? Average blended state and federal tax rate % What is the firm's marginal blended federal and state tax rate? If Oriole, Inc., is evaluating a new investment, what tax rate should it use for NPV calculations? Marginal blended federal and state tax rate % When evaluating a new investment Oriole, Inc., should use the of
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