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If Julius has a 30% tax rate and a 9% after-tax rate of return, $32,500...

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Accounting

If Julius has a 30% tax rate and a 9% after-tax rate of return, $32,500 of income in three years will cost him how much tax in today's dollars? Use Exhibit 3.1. (Round present and future value factor(s) to 3 decimal places.)

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