You currently hold 150 shares of Bavarian Sausage, Inc. You purchased the shares three months ago at $26.50, and a share is currently trading at $30. The share will pay a $4.75 dividend in a few days and the ex-dividend day is tomorrow. Your personal tax rate on dividend income is 25% and the capital gains tax is 15%.

Answer rating: 100% (QA)

a After tax dollar return 44625 Rate of Return 1123 b After tax dollar return 375 Stepbystep explan... View the full answer