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xy2 is ewivating a project that would require the purchuse of a poece of equipment for $430,000 today. Duringyear 1 , the project is expected

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xy2 is ewivating a project that would require the purchuse of a poece of equipment for $430,000 today. Duringyear 1 , the project is expected to have reievant revenue of $772000. relevant costs of $198,000, and relevant depreciation of $127,000. XYz would need to borrow 5430,000 today to pay for the equipment and would need to make an Interest payment of $27,000 to the bankin 1 year. Pef evant net income for the project in year 1 is expected to be 5335,000 . What is the tax rate expected to be inyear 1 ? A rahe equal to or graler than 37 TTW but iess than 4643% A rate equat to or jowaler than 22 . O4 W buless than 25 oes A fale iess thas 22.04% or a reve greater than 46.43K A rate equie to or preater than 20.05% bel less than 377ms

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