True or False: If the real minimum attractive rate of return is 8%, inflation is 4%, and

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True or False: If the real minimum attractive rate of return is 8%, inflation is 4%, and the tax rate is 40%, then money should not be borrowed if the interest rate on the loan is greater than 18%.

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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