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Business, 25.02.2022 09:00 EricaCox1

If Julius has a 32 percent tax rate and a 11 percent after-tax rate of return, a $56,000 tax deduction in two years will save how much tax in today's dollars? Use Exhibit 3.1. (Round discount factor(s) to three decimal places.) Multiple Choice $56,000 $14,551 $45,472 $17,920 None of the choices are correct.

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If Julius has a 32 percent tax rate and a 11 percent after-tax rate of return, a $56,000 tax deducti...
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