1 100 points SaveAnswer As a financial analyst at Credit Suisse, you are analyzing the after tax returns for your client. Suppose your client bought a share of stock of intel at $60, a share of stock Microsoft at $70, and a share of IBM at $80. A year later, after your client received a $3 dividend from Intel, $4 dividend from Microsoft, and $5 from IBM, he sold the stock Intel at $70 per share, sold Microsoft at $80, and sold IBM at 90. What are the expected after tax returns for your client if your client is (a) a church investment fund (tax-exempt status) (b) a corporation paying tax at 21% (assume that their taxable income) (Sample answer: 10.55%) corporations may exclude 70% of dividends received from domestic corporations in the computation of (Sample answer: 10.55%) (c) an individual paying tax at 21% on capital gains and dividend income at 35%? (d) a security dealer paying tax at 28% on both dividend income and capital gains? (Sample answer: 10.55%) (Sample answer: 10.55%)