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An investor wishes to gain a yield, after tax, of at least 5 % per annum. The investor is subject to income tax at a
An investor wishes to gain a yield, after tax, of at least per annum. The investor is subject to income tax at a rate of and CGT tax at a rate of Calculate the maximum exdividend price that the investor should pay on the st Jun for of loan stock redeemable at on st of Jul Interest is payable quarterly in arrears at the rate of per annum, with the next coupon date being on the st of July
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