Reason that financial managers calculate marginal tax rate
What is the reason that financial managers calculate the marginal tax rate?
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Financial managers utilize marginal tax rates to find out the future after tax cash flows from investments. As the managers are interested in knowing how much of the next dollar earned from new investments has to be paid in taxes, they make use of the marginal tax rate to compute the tax liability.
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In brief define each of the major types of international bond market instruments, noting their distinguishing characteristics.The major kind of international bond instruments & their distinguishing characteristics are as follows:
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