Find the after-tax return to a corporation that buys a share of preferred stock at $35,...
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Find the after-tax return to a corporation that buys a share of preferred stock at $35, sells it at year-end at $35, and receives a $4 year- end dividend. The firm is in the 30% tax bracket (Round your answer to 2 decimal places.) After-tax rate of return 8.00 % Find the after-tax return to a corporation that buys a share of preferred stock at $35, sells it at year-end at $35, and receives a $4 year- end dividend. The firm is in the 30% tax bracket (Round your answer to 2 decimal places.) After-tax rate of return 8.00 %
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