Calculate pretax and? after-tax hpr on? jills investment

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Question: 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 $26,832. During the period of ownership she received $1,999 interest. Calculate the pretax and? after-tax HPR on? Jill's investment. Assume that she is in the 32% 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.

Reference no: EM132758351

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