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Find the after-tax return to a corporation that buys a share of preferred stock at $51, sells it at year- end at $51, an
Posted: Tue Jan 18, 2022 1:02 pm
by answerhappygod
- Find The After Tax Return To A Corporation That Buys A Share Of Preferred Stock At 51 Sells It At Year End At 51 An 1 (61.19 KiB) Viewed 240 times
Find the after-tax return to a corporation that buys a share of preferred stock at $51, sells it at year- end at $51, and receives a $6 year-end dividend. The firm is in the 30% tax bracket. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. After-tax rate of return 10.71 X %