Determine the required before-tax rate of return if an after-tax return of 9% per year is expected

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Determine the required before-tax rate of return if an after-tax return of 9% per year is expected and the state and local tax rates total 6%. The effective federal tax rate is 35%.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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