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please include work/formulas 4. On January 1, 2020, an investor bought 125 shares of Absaroka, Inc., for $15 per share. On January 3, 2021, the
please include work/formulas
4. On January 1, 2020, an investor bought 125 shares of Absaroka, Inc., for $15 per share. On January 3, 2021, the investor sold the stock for $18 per share. The stock paid a quarterly dividend of $0.30 per share. How much (in $) did the investor earn on this investment and, assuming the investor pays a tax rate of 15% on dividends and capital gains, how much will she pay in income taxes on this transaction? What was the after- tax rate of return Step by Step Solution
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