25 points Save Answe As a financial analyst at JPMorgan Chase Financial, you are analyzing the after tax returns for your client. Suppose your client bought a share of stock of Intel at $50, a share of stock Microsoft at $60, and a share of IBM at $70. A year later, after your client received a $3 dividend from Intel, $4 dividend from Microsoft, and $5 from IBM, he sold the stock Intel at 560 per share, sold Microsoft at $70, and sold IBM at 80. What are the expected after tax returns for your client if your dient is (a) a church investment fund (tax-exempt status) (Sample answer: 10.55%) (b) a corporation paying tax at 21% (remember that corporations may exclude 70% of dividends received from domestic corporations in the computation of their taxable income) (Sample answer: 10.55%) (c) an individual paying tax at 21% on capital gains and dividend income at 35%7 (Sample answer: 10.55%) (d) a security dealer paying tax at 28% on both dividend income and capital gains? (Sample answer: 10.55%)