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Investor A recognized $100 on dividend income that is taxed at a rate of 20%. Investor B a

Investor A recognized $100 on dividend income that is taxed at a rate of 20%. Investor B a

Investor A recognized $100 on dividend income that is taxed at a rate of 20%. Investor B also wants to recognize the same after-tax revenue as investor A, but investor B owns stock that does not pay dividends. If investor's B stock sells for $12 a share(originally purchased for $7 a share) and if the capital gains tax is 40%, then how many shares must investor B sells?

Abhinav 04-Dec-2019

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