Question: Could some one show me how to work this question? Van Dyke Corporation has a corporate tax rate equal to 30%. The company recently purchased

Could some one show me how to work this question? Van Dyke Corporation has a corporate tax rate equal to 30%. The company recently purchased preferred stock in another company. The preferred stock has an 8% before-tax yield. What is Van Dyke's after-tax yield on the preferred stock

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