Find the after-tax return to a corporation that buys a share of preferred stock at $240, sells it at year-end at $240, and receives a $27 year-end dividend. The firm is in the 30% tax bracket.
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Find the after-tax return to a corporation that buys a share of preferred stock at $240, sells it at year-end at $240, and receives a $27 year-end dividend. The firm is in the 30% tax bracket.
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