Answered: Sarah Chen bought 200 shares of Green… | bartleby

SWFT Corp Partner Estates Trusts

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter19: Family Tax Planning

Section: Chapter Questions

Problem 19CE

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Sarah Chen bought 200 shares of Green Energy Corp (GEC) at
$45 per share last year. The company paid dividends of $3
per share during this period. GEC's stock price is now $48.80.
Calculate Sarah's gross and after-tax return if she sells her
holdings today, assuming a 15% tax rate on both dividends
and capital gains.

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