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6. On December 30, you decide to make a $1,000 charitable donation. If you are in a 22 percent tax bracket, how much will you

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6. On December 30, you decide to make a $1,000 charitable donation. If you are in a 22 percent tax bracket, how much will you save in taxes for 2016? If that tax savings was deposited in a savings account for the next five years at 8 percent, what would be the future value of that account? years you held the stock, you received dividends of $0.56 per share for the first year and $0.68 per share for the 07. Calculating Annual Shareholder Return and Annual Average Compound Return. Two years ago, you pur chased 100 shares of a cola company. Your purchase price was $50 a share, plus a commission of $5 per share, for a total cost of $55 per share. After one year, the stock's market value had risen to $58. At the end of two 172 second year. LO3 a Calculate your annual shareholder return for each of the two years you owned the stock. b. Calculate your annual average compound return. 11 mau, YOL

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