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QUESTION
PMF, Inc. is equally likely to have EBIT this coming year of $ 11 million, $ 20 million, or $ 29 million.
PMF, Inc. is equally likely to have EBIT this coming year of $ 11 ​million, $ 20 ​million, or $ 29 million. Its corporate tax rate is 30 % and investors pay a 15 %tax rate on income from equity and a 32 %tax rate on interest income.
