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Business, 09.07.2019 04:30 officialkk
Lovell co. purchased preferred stock in another company. the preferred stock's before-tax yield was 8.4%. the corporate tax rate is 40%. what is the after-tax return on the preferred stock, assuming a 70% dividend exclusion?
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Lovell co. purchased preferred stock in another company. the preferred stock's before-tax yield was...
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