Nancy sold at $69.84 per share, PEP stocks who were purchased a year ago at...
90.2K
Verified Solution
Link Copied!
Question
Finance
Nancy sold at $69.84 per share, PEP stocks who were purchased a year ago at $58.80. During the year the stock paid dividends of $.14 quarterly. If tax rate on capital gains is 13% and marginal tax rate is 30%, how much is the after tax total return?
JK Capital Markets sold a 5% interest rate floor with a face value of 4 millions for 2.5% of face value. If at expiration date interest rates are 3.5%, How much is the profit/(loss) of JK Capital Markets?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
