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SHMON Inc Wants to Invest in Future Projects

Question 26

Multiple Choice

SHMON Inc. wants to invest in future projects. The before-tax MARR is 14%. The after-tax MARR was found to be 7.4%. What is the corporate tax rate of the company?


A) 38%
B) 42%
C) 47%
D) 53%
E) 89%

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