If the after-tax ROR is 11.4% and the corporate T e is 39%, the approximate before-tax rate

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If the after-tax ROR is 11.4% and the corporate Te is 39%, the approximate before-tax rate of return is closest to:

(a) 6.8%

(b) 15.4%

(c) 18.7%

(d ) 19.7%

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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