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What is the after-tax yield to an investor

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Reference no: EM133029609

Question - What is the after-tax yield to an investor in a 28% tax bracket on the following transaction held for 2 quarterly dividend payments (ignore commissions) - 350 shares of ABC purchased @ 22.25 per share; sold at 26.45 per share; stock pays $.80 dividend for year and the dividend does not qualify for taxation at a reduced rate.

Reference no: EM133029609

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