You buy a stock for 30 per share and sell it for 33 after


You buy a stock for $30 per share and sell it for $33 after holding it for slightly over a year and collecting a $0.75 per share dividend. Your ordinary income tax rate is 28% and your capital gains tax rate is 20%. What is your after-tax rate of return?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You buy a stock for 30 per share and sell it for 33 after
Reference No:- TGS01580509

Expected delivery within 24 Hours