Assume that dividends are taxed at your marginal tax rate of 38% while capital gains are taxed at 15%. How much more will you net if you earn $1200 in capital gains than if the $1200 were dividend income?

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Assume that dividends are taxed at your marginal tax rate of 38% while capital gains are taxed at 15%. How much more will you net if you earn $1200 in capital gains than if the $1200 were dividend income?
Group of answer choices
$300.00
$180.00                                                      
$456.00
$276.00
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