Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

solve fast plz Question 8 You buy a stock for 140 per share and sell it for $62 after holding it for slightly over a

solve fast plz
image text in transcribed
Question 8 You buy a stock for 140 per share and sell it for $62 after holding it for slightly over a year and collecting a $5.5 per share dividend it dividend income is taxed at a 20% rate and capital gains are taxed at 24%, what is your aher-tax halding period return? (Vite your answer in percentage and round it to 2 decimal places)

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_2

Step: 3

blur-text-image_3

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

Methods And Finance

Authors: Emiliano Ippoliti, Ping Chen

1st Edition

3319498711, 978-3319498713

More Books

Students also viewed these Finance questions

Question

What is meant by the term earnings quality?

Answered: 1 week ago

Question

1. What are your creative strengths?

Answered: 1 week ago

Question

What metaphors might describe how we work together?

Answered: 1 week ago