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Our widget-maker is going to spend 133 on new product development. Without this new spending, the widget-maker would have EBIT of 410. The widget-maker's marginal
Our widget-maker is going to spend 133 on new product development. Without this new spending, the widget-maker would have EBIT of 410. The widget-maker's marginal tax rate is 44%. If the widget-maker forgoes the new product development, how much would he expect to pay in taxes
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