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Suppose that a company considers a project with positive NPV using a 35% corporate tax rate. Suddenly the new president announces that corporate taxes will
Suppose that a company considers a project with positive NPV using a 35% corporate tax rate. Suddenly the new president announces that corporate taxes will go down to 15%. How will the project NPV and IRR change? O NPV increases, IRR decreases O NPV does not change, IRR does not change NPV decreases, IRR increases O NPV decreases, IRR decreases O NPV increases, IRR increases
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