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A firm buys a share of preferred stock at $72, sells it at year-end at $72, and receives a $6.8 year-end dividend. What is the

A firm buys a share of preferred stock at $72, sells it at year-end at $72, and receives a $6.8 year-end dividend. What is the after-tax return to the firm if it is in the 28% tax bracket? A. 8.7% B. 8.1% C. 9.4% D. 6.8%

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