What is the after-tax interest rate that a corporation in the 38 percent tax bracket pays on

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What is the after-tax interest rate that a corporation in the 38 percent tax bracket pays on a loan of $100,000 at 7 percent interest?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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