Calculate the pretax and after-tax hpr on jills


Jill Clark invested

$25,000

in the bonds of Industrial? Aromatics, Inc. She held them for 13? months, at the end of which she sold them for

$26,730.

During the period of ownership she received

$1,926

interest.

Calculate the pretax and? after-tax HPR on? Jill's investment. Assume that she is in the 31% ordinary tax bracket? (federal and state? combined) and pays a 15% capital gains rate on dividends and on capital gains for holding periods longer than 12 months.

The pretax HPR is ?%.

?(Round to two decimal? places.)

The? after-tax HPR is ?%.

?(Round to two decimal? places.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculate the pretax and after-tax hpr on jills
Reference No:- TGS02377882

Expected delivery within 24 Hours