An investment is made of $10,000. At the end of the year, $500 in dividends has been received and the value of the investment is $10,500. If the investor is in the 30% tax bracket, the after-tax yield is:
A) 5.0%
B) 3.5%
C) 8.5%
D) 6.5%
Answer: B
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) 5.0%
B) 3.5%
C) 8.5%
D) 6.5%
Answer: B