EOC Problems $12-20$

Question $15$ of $1$ :

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Problem $12-20$ Preferred After$-$Tax Yield

Consider an individual owning preferred shares in another corporation earns a before$-$tax dividend yield of $7\mathrm{.}7$ percent on those shares. Suppose that they face a personal tax rate of $25$ percent.

$\backslash$table$[[$Before$-$tax yield,$7\mathrm{.}70\%$