Half of which were from dividends on stock the fund

Assignment Help Financial Management

Reference no: EM131998792

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?

Reference no: EM131998792

Questions Cloud

Ronald pay using the sample medical expenses : What annual medical costs will Ronald pay using the sample medical expenses provided if he were to enroll in the Blue Cross/Blue Shield plan?

Instance that the economy is operating : If for an instance that the economy is operating at $2,800 billion of GDP, how will the firm respond to it? Will it increase or decrease production?

Real interest rates affect exchange rates : Which interest rate does the Fed target and how do changes in relative real interest rates affect exchange rates?

What would be the future value of the annual savings : What would be the future value of the annual savings over 10 years based on an annual interest rate of 6 percent?

Half of which were from dividends on stock the fund : 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.

Physical therapy costs : A health insurance policy pays 60 percent of physical therapy costs after a $360 deductible.

Develop skills for undertaking research and translating : Develop skills for undertaking research and translating. via your technical and creative skills, underpinning concepts about project and portfolio management

Discuss the educational risk management program : How the facility's educational risk management program addresses key professional issues, such as prevention of negligence, malpractice litigation.

Who determines the scope of practice for fnps : According to the American Association of Colleges of Nursing (AACN), what is the recommended terminal degree to prepare nurse practitioners.

User Account

All Pages