Question
You own 50 units of a real estate investment trust (REIT) and 50 shares of a public corporation. The REIT earns $6.00 per unit.The corporation
You own 50 units of a real estate investment trust (REIT) and 50 shares of a public corporation. The REIT earns $6.00 per unit.The corporation earns $4.00 per share before taxes. The corporate tax rate is 25%, your personal tax rate is 35%, and the tax rate on dividend income is 15%. What is the total after-tax income you receive, if everything is held outside a TFSA?
| $273.75 | |
|
| $318.75 |
|
| $322.50 |
|
| $382.50 |
|
| $450.00 |
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
4th International Edition
013284298X, 9780132842983
