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Find the after-tax return to a corporation that buys a

Question: Find the after-tax return to a corporation that buys a share of preferred stock at $33, sells it at year-end at $33, and receives a $3 year-end dividend. The firm is in the 30% tax bracket. (Round your answer to 2 decimal places.)

After-tax rate of return?

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Finance Basics: Find the after-tax return to a corporation that buys a

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Finance Basics: Find the after-tax return to a corporation that buys a

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