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Suppose that the marginal tax rate is 25%. if a farmer decides to purchase a combine it will increase his revenue by $7,500 per year, but it will also increase his expenses by $1,500 per year. the before tax rate on this investment is 30%. the life of this investment is 10 years. what is the present value of the after tax net return?
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Suppose that the marginal tax rate is 25%. if a farmer decides to purchase a combine it will increas...
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