Answered step by step
Verified Expert Solution
Question
1 Approved Answer
you buy a stock for $30 per share and self it for $33 after holding if for slightly over a year and collecting a $0.75
you buy a stock for $30 per share and self it for $33 after holding if for slightly over a year and collecting a $0.75 per share dividend. your ordinary income tax rate is 28 percent and your capital gains tax rate is 20 percent. your after tax rate of return is?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started