6. An American investor purchased 1,000 shares of a German company at 56.91 each when the...

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6. An American investor purchased 1,000 shares of a German company at €56.91 each when the exchange rate was €:$=0.9790-0.9795, three month later, the investor received a dividend of €0.5 per share, and the investor sold all shares at a price of € 61.10 per share when the exchange rate was €:$=0.9810-0. 9815, the dividend withholding tax rate in germany is 15%, there is a tax treaty between United States and Germany to avoid double taxation. a. How much did the investor receive in dividend in dollars, net of tax? (10 points) b. Find how much is the capital gains in dollars? (points) 6. An American investor purchased 1,000 shares of a German company at €56.91 each when the exchange rate was €:$=0.9790-0.9795, three month later, the investor received a dividend of €0.5 per share, and the investor sold all shares at a price of € 61.10 per share when the exchange rate was €:$=0.9810-0. 9815, the dividend withholding tax rate in germany is 15%, there is a tax treaty between United States and Germany to avoid double taxation. a. How much did the investor receive in dividend in dollars, net of tax? (10 points) b. Find how much is the capital gains in dollars? (points)

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a Dividend Received in Dollars 1000 shares x 05 per share x Exchange Rate when divi... View the full answer