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Social Studies, 18.09.2019 21:30 danielcano1228

Acorporation recently purchased some preferred stock that has a before-tax yield of 5.50%. the company has a tax rate of 38%. what is the after-tax return on the preferred stock? assume a 70% dividend exclusion for tax on dividends.

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Acorporation recently purchased some preferred stock that has a before-tax yield of 5.50%. the compa...

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