Question
Barry Modin bought 750 of Gingridge LLC at a price of $ 41.35 about 5 years ago that sell for $ 60.00 per share today.
Barry Modin bought750of Gingridge LLC at a price of $41.35about 5 years ago that sell for $60.00per share today. Barry pays capital gains tax at the rate of16%, and pays tax on dividends at the rate of33%.
Suppose the Gingridge pays a dividend per share of $2.50. How much of the total dividend paid by the company to Barry will he get to keep?
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
