What was andreas return on the stock

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a. Andrea purchased 200 shares of stock for $45 per share. During the year, she received dividend checks amounting to $180. Andrea recently sold the stock for $54 per share. What was Andrea's return on the stock?

b. Andrea is in a 25 percent tax bracket. What amount of taxes will she pay on her capital gain if she held the stock for less than a year?

c. How much would Andrea pay for tax if she held the stock for more than a year, assuming she sold it for the same amount? (Long term capital gain)

d. How much would Andrea save in taxes if she held the stock for more than a year, assuming she sold it for the same amount? (Savings)

Reference no: EM13768858

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