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Business, 12.07.2019 01:30 hannahkharel2

Afarmer is considering the purchase of additional land to expand operations. the marginal tax rate is 20% and he requires at least a 10% pre-tax, risk free return on capital and a 3% risk premium on projects on comparable risk. what is the after-tax, risk adjusted discount rate? r=[rbt +prem](1-m)

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