Half of which were from dividends on stock the fund held, Financial Management

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Half of which were from dividends on stock the fund held

You purchased 500 shares of MutualMagic one year ago for ?$21.74 per share. During the? year, you received ?$2.16 in? dividends, half of which were from dividends on stock the fund held and half of which was from interest earned on bonds in the fund portfolio. Assuming your federal marginal tax rate is 35%?, how much will you owe in federal taxes on the distributions you received this? year?

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Financial Management: Half of which were from dividends on stock the fund held

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Financial Management: Half of which were from dividends on stock the fund held

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