Nancy sold at $69.84 per share, PEP stocks who were purchased a year ago at...

90.2K

Verified Solution

Question

Finance

image

Nancy sold at $69.84 per share, PEP stocks who were purchased a year ago at $58.80. During the year the stock paid dividends of $.14 quarterly. If tax rate on capital gains is 13% and marginal tax rate is 30%, how much is the after tax total return? PRESENT YOUR ANSWER AS PERCENT, ROUNDED TO ZERO DECIMAL PLACES DON'T USE THE PERCENTAGE SYMBOL, EX IF THE ANSWER IS 40% JUST WRITE 40

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students