Project Q offers a pre-tax return of 7% while project Z has a pre-tax rate of return of 11%. At the same time, income st

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answerhappygod
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Project Q offers a pre-tax return of 7% while project Z has a pre-tax rate of return of 11%. At the same time, income st

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Project Q offers a pre-tax return of 7% while project Z has a
pre-tax rate of return of 11%. At the same time, income streams
from Project Q are tax exempt while income from Project Z is
taxable at an ordinary tax rate of 24%.
The after-tax rate of return for Project Z is _____%.
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