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19 February, 03:54

A corporation 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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  1. 19 February, 05:05
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    The after-t f 5.50%. the company has a tax rate of 38%. what is the after-ta
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