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An Investor Earns $400 in Dividends and $800 in Capital

Question 30

Multiple Choice

An investor earns $400 in dividends and $800 in capital gains over a year.If the tax rate on these earnings is 15%, what is the total tax that the investor is liable to pay on these earnings?


A) $0.
B) $60.
C) $120.
D) $180.

Correct Answer:

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