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the Answer is NOT 13.99 or 11.56 Required: Find the after-tax return to a corporation that buys a share of preferred stock at $41, seils
the Answer is NOT 13.99 or 11.56 
Required: Find the after-tax return to a corporation that buys a share of preferred stock at $41, seils it at year-end ot $41, and receives, a $6 yearend dividend. The firm is in the 21% tax bracket. (Round your answer to 2 decimal places.) Step by Step Solution
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Finance For A Better World
Authors: Henri-Claude De Bettignies, F. Lépineux
2009th Edition
0230551300, 978-0230551305
