Solution-What the after-tax rates of return on AT-T

What the after-tax rates of return on AT-T preferred stock

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Question - The Star Corporation has $10,000 that it plans to invest in AT&T preferred stock (with a dividend yield of 6.0%). Recall that 50% of dividends received are tax exempt. What the after-tax rates of return on AT&T preferred stock after paying federal corporate taxes?

a. 5.214%

b. 5.370%

c. 5%

d. 4.253%

Reference no: EM132854934

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What the after-tax rates of return on AT-T preferred stock

Reference no: EM132854934

Reference no: EM132854934

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