If the appropriate after-tax cost of capital for your firm is 10% and your firm pays taxes
at the marginal rate of 39%, how much does an average-risk project have to return on a
before-tax basis before your firm should consider accepting it?

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The Answer of If the appropriate after-tax cost of capital for your firm is 10% and your firm pays taxes
at the marginal rate of 39%, how much does an average-risk project have to return on a
before-tax basis before your firm should consider accepting it?

If the Appropriate After-Tax Cost of Capital for Your Firm