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Business, 12.08.2020 06:01 zaikam81

Wilcox Corporation is considering establishing a subsidiary either in Barbados or in the U. S. Once the project is completed, it will constitute 40% of the firm's total funds invested in itself. The annual after-tax return on the prevailing U. S. business is 10%, and the standard deviation of these returns is 0.10. The firm's remaining investment is solely in the U. S. Wilcox has gathered the following information: If the new subsidiary is established in the U. S., the overall firm's expected after-tax return is

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