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
You might also like to view...
An agenda sets boundaries and helps keep parties in the negotiation on track.
Answer the following statement true (T) or false (F)
If a court finds a contract to be unconscionable, the Uniform Commercial Code (UCC) gives it the power to:
A. enforce only the legal obligations of the superior party involved. B. relieve a party of liability under willful misconduct or fraud. C. relieve one party from liability for the consequences of his or her own negligence. D. enforce the contract in a way that avoids an unconscionable result.
Goffman’s theory of self-presentation uses the metaphor of ______ and ______.
a. a stage; actors b. cyberspace; e-mail c. the Internet; actors d. a stage; the Internet
Which of the following statements is TRUE?
A) An employee manual will always be part of an oral employment agreement. B) A written employment agreement must be for a set term. C) An employment agreement can be written or oral. D) Oral employment contracts cannot be automatically renewed. E) Both B and D