You skipped this question in the previous attempt Hayley recently invested $46,000 in a public...
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You skipped this question in the previous attempt Hayley recently invested $46,000 in a public utility stock paying a 3 percent annual dividend. (Hayley's marginal income tax rate is 32 percent) Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference Required: a.if Hayley reinvests the annual dividend she receives net of any taxes owed on the dividend, how much will her investment be worth in five years if the dividends paid are qualified dividends? b. What will her investment be worth in five years if the dividends are nonqualified? (For all requirements, do not round intermediate calculations and round your final answers to the nearest whole dollar amount) a Investment worth when dividends are qualified b Investment worth when dividends are nonqualified Next
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