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Calculation of the effective tax rate?



Which of the following statements best describes the calculation of the effective tax rate?
A.(Before Tax IRR 鈥?After tax IRR)/After tax IRR
B.(Before Tax IRR 鈥?After tax IRR)/Before tax IRR
C.(After tax IRR 鈥?Before tax IRR)/After tax IRR
D.(After tax IRR 鈥?Before tax IRR)/Before tax IRR

B.
B is correct.

C and D both give negative numbers.
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