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Teaching Since: | Apr 2017 |
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Questions Answered: | 3232 |
Tutorials Posted: | 3232 |
MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
You purchased a stock at the end of the prior year at a price of $85. At the end of this year the stock pays a dividend of $2.20 and you sell the stock for $92. What is your return for the year? Now suppose that dividends are taxed at 15 percent and long-term capital gains (over 11 months) are taxed at 30 percent. What is your aftertax return for the year? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) |
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  Pretax return | % |
  Aftertax return | % |
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