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You've been asked by a client to explain the difference in aftertax income from an investment. The client has earned $500 each in eligible dividends,
You've been asked by a client to explain the difference in aftertax income from an investment. The client has earned $500 each in eligible dividends, capital gains, and interest income and is unsure how the federal government will tax the earnings. Assuming the year is 2019 and a 26 percent marginal tax rate, what is the after tax income of each investment? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "\$" sign in your response.)
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