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R7. Find the after-tax return to a corporation that buys a share of preferred stock at $55, sells it at year-end at $55, and receives

R7. Find the after-tax return to a corporation that buys a share of preferred stock at $55, sells it at year-end at $55, and receives a $4 year-end dividend. The firm is in the 21% tax bracket. (Ro...

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