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What is the effective tax rate for an investor who owns a property which has a before-tax yield of 12.30% and an after-tax yield of
What is the effective tax rate for an investor who owns a property which has a before-tax yield of 12.30% and an after-tax yield of 10.12%? (Rounded to nearest whole %)
1 35%
2 18%
3 25%
4. 15%
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