Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lucy sold at $37 per share, CSCO shares who were purchased a year ago at $31.06. During the year the stock paid quarterly dividends of

Lucy sold at $37 per share, CSCO shares who were purchased a year ago at $31.06. During the year the stock paid quarterly dividends of $.29 per share. If tax rate on capital gains is 17% and marginal tax rate is 30%, how much is the after tax total return? PRESENT YOUR ANSWER AS PERCENT, ROUNDED TO ZERO DECIMAL PLACES DON'T USE THE PERCENTAGE SYMBOL, EX IF THE ANSWER IS 40% JUST WRITE 40

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Financial Crisis Manual Reflections And The Road Ahead

Authors: Dimitrios D. Thomakos , Platon Monokroussos, Konstantinos I. Nikolopoulos

1st Edition

1137448296, 113744830X, 9781137448293, 9781137448309

More Books

Students also viewed these Finance questions

Question

=+What will be the total consumer surplus to those consumers?

Answered: 1 week ago