Corporation A is issuing preferred stock yielding 9%,and Corporation B is considering buying the stock.Corp A's tax rate is 23% and Corp B's tax rate is 39%.What is the aftertax preferred yield for Corp A?

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The Answer of Corporation A is issuing preferred stock yielding 9%,and Corporation B is considering buying the stock.Corp A's tax rate is 23% and Corp B's tax rate is 39%.What is the aftertax preferred yield for Corp A?

Corporation a Is Issuing Preferred Stock Yielding 9%,and Corporation B