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Benes Corporation's tax rate is 25% and they recently purchased $45,000 in preferred stock from Davola Inc. Davola's preferred stock offers a 7% yield. What

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Benes Corporation's tax rate is 25% and they recently purchased $45,000 in preferred stock from Davola Inc. Davola's preferred stock offers a 7% yield. What is Benes' after-tax yield on Davola preferred stock

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