As a corporate investor paying a marginal tax rate of 34 percent,if 70 percent of dividends are excludable,what would be your after-tax dividend yield on preferred stock with a 16 percent before-tax dividend yield?

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The Answer of As a corporate investor paying a marginal tax rate of 34 percent,if 70 percent of dividends are excludable,what would be your after-tax dividend yield on preferred stock with a 16 percent before-tax dividend yield?

As a Corporate Investor Paying a Marginal Tax Rate of 34