Question: Please work in an excel document and if possible please provide the steps. The following information is provided to you about the performance of a

Please work in an excel document and if possible please provide the steps. Please work in an excel document and if possible please provide the

The following information is provided to you about the performance of a particular stock investment that involved purchasing 1,000 shares of the stock on Jan 1 and selling the stock at the end of the last period: Date 1-Jan 15-Mar 30-May 15-Jun 15-Sep 15-Dec 31-Dec Event or $ Dividend buy 0.6 3 for 1 0.4 0.4 0.4 sell Market Price 100 102 100 35 36 34 37 Tax Rates are as follows: The capital gains rate is 20% The investor's personal income tax rate on dividends is 15%. Create a spreadsheet to answer the following questions: 1. What is the unadjusted before-tax holding period rate of return? 2. What is the time-weighted before-tax rate of return? 3. What is the unadjusted after-tax holding period rate of return? 4. What is the time-weighted after-tax rate of return? Final Step: Calculate the difference between Question #4 (time-weighted after-tax rate of return) and Question #3 (unadjusted after-tax holding period rate of return)

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