Brent has a 25% marginal tax rate. He is considering an investment that will earn qualified dividends
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Question:
Brent has a 25% marginal tax rate. He is considering an investment that will earn qualified dividends at a rate of 7% before tax.
What is Brent's after-tax rate of return on the securities?
Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
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