Find the after-tax return to a corporation that buys a share of preferred stock at $35. sells it at year-end at $35. and receives a $7 year- end dividend. The firm is in the 30% tax bracket. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. 14.16 % After-tax rate of return An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 6% yields, what yield must municipals offer for the investor to prefer them to corporate bonds? (Round your answer to 2 decimal places.) Municipal's offer Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two for one in the last period. A B C Pe 55 50 180 Qe 65 130 130 Pi 65 40 110 65 130 13e P2 65 40 60 Q2 65 130 260 Calculate the first-period rates of return on the following indexes of the three stocks (t= 0 to t= 1): (Do not round Intermediate calculations. Round your answers to 2 decimal places.) a. A market-value-weighted index. Rate of return 96 b. An equally weighted index. Rate of return 96