Question
Jill Clark invested $ 24 comma 850 in the bonds of Industrial Aromatics, Inc. She held them for 13 months, at the end of which
Jill Clark invested $ 24 comma 850 in the bonds of Industrial Aromatics, Inc. She held them for 13 months, at the end of which she sold them for $ 26, 812. During the period of ownership, she received $ 1 comma 923 interest. Calculate the pretax and after-tax HPR on Jill's investment. Assume that she is in the 35 % ordinary tax bracket (federal and state combined) and pays a 15 % capital gains rate on dividends and on capital gains for holding periods longer than 12 months.
The pretax HPR is 15.63 %. (Round to two decimal places.)
The after-tax HPR is nothing %. (Round to two decimal places.)
HELLO CAN I HAVE SOME HELP WITH THIS PROBLEM PLEASE?
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