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What is the firm's combined federal & state income tax rate? When Federal tax is 35% and state tax is 7.5% A.42.5% B.26.2% C.39.87% D.37.63.%

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What is the firm's combined federal & state income tax rate? When Federal tax is 35% and state tax is 7.5% A.42.5% B.26.2% C.39.87% D.37.63.%

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