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What is the required after-tax refunding investment outlay

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What is the required after-tax refunding investment outlay, i.e., the cash outlay at the time of the refunding?

a. $5,049,939
b. $5,315,725
c. $5,595,500
d. $5,890,000
e. $6,200,000

 

Reference no: EM13302192

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