On February 19, 2016, Angela purchased 100 shares of BRD stock at a total cost of $3,425. She received a total of $250.00 in dividends and sold the stock today, February 22, 2017 for $3,692
Angela has a marginal tax rate of 28%. The tax rate on dividend income and long-term capital gains is 15%. What is Angela's after-tax holding period return on her investment in BRD stock?
A) 15.1%
B) 12.8%
C) 10.9%
D) 7.8%
Answer: B
Business
You might also like to view...
In some instances, an infeasible solution may be the optimum found by the corner point method
Indicate whether the statement is true or false
Business
The prices for the National Gasworks Corporation for the second quarter of 2012 are given below
The price of the stock on April 1, 2012 was $130. Find the holding period return for an investor who purchased the stock on April 1, 2012 and sold it the last day of June 2012. Month End Price April $125.00 May 138.50 June 132.75 A) -4.2% B) 2.1% C) 3.7% D) -3.7%
Business