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Van Dyke Corporation has a corporate tax rate equal to 30 The company recently purchased preferred stock in another company The preferred stock has an 8 beforetax yield What is Van Dykes after

Van Dyke Corporation has a corporate tax rate equal to 30%. The company recently purchased preferred stock in another company. The preferred stock has an 8% before-tax yield. What is Van Dyke's after-tax yield on the preferred stock?
 

Apr 01 2020 View more View Less

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