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CH14.1.a Return on Stock. Joel purchased 100 shares of stock for $35 per share. During the year, he received dividend checks amounting to $160. Joel

CH14.1.a Return on Stock. Joel purchased 100 shares of stock for $35 per share. During the year, he received dividend checks amounting to $160. Joel recently sold the stock for $44 per share. What was Joel's return on the stock?

CH14.1.b Capital Gains Tax. Joel is in a 25 percent tax bracket. What amount of taxes will he pay on his capital gain if he held the stock for less than a year?

CH14.1.c Capital Gains Tax. How much would Joel pay for tax if he held the stock for more than a year, assuming he sold it for the same amount? (Long term capital gain)

CH14.1.d Capital Gains Tax. How much would Joel save in taxes if he held the stock for more than a year, assuming he sold it for the same amount? (Savings)

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