Business, 28.10.2020 17:00 kangasc6124

A customer purchases stock for $40 per share and holds it for 1 year, selling it for $50 per share exactly 12 months after the date of purchase. Four quarterly qualifying dividends of $.50 were paid during the year. If the customer's tax bracket is 30%, what is the after-tax rate of return?

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A customer purchases stock for $40 per share and holds it for 1 year, selling it for $50 per share e...

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