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Business, 19.03.2020 07:18 minecraftpro64p7t123

A corporation in a 34% tax bracket invests in the preferred stock of another company and earns a 6% pretax rate of return. An individual investor in a 15% tax bracket invests in the same preferred stock and earns the same pretax return. The after-tax return to the corporation is , and the after-tax return to the individual investor is .

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A corporation in a 34% tax bracket invests in the preferred stock of another company and earns a 6%...
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