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The current corporate tax rate in the U.S. is 21%. There Congress proposed tax increases during 2021. The new proposed corporate tax rate was 28%.

The current corporate tax rate in the U.S. is 21%. There Congress proposed tax increases during 2021. The new proposed corporate tax rate was 28%. Recalculate your company's WACC using the new tax rate. Compare the new WACC with the WACC calculated in question 1. Compare the new NPV to the NPV calculated in question 1?

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