Finance Assignment | Top Essay Writing

On January​ 1, 2013, an investor bought 300 shares of​Gottahavit, Inc., for $69 per share. On January​ 3, 2014, the investor sold the stock for ​$74 per share.

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The stock paid a quarterly dividend of $0.24 per share. How much​(in $) did the investor earn on this investment​ and, assuming the investor is in the 33​% tax​ bracket, how much will she pay in income taxes on this​ transaction? Assume a preferential tax rate of​ 15% on dividends and capital gains.

A)The amount​ (before taxes) the investor earned on this investment is ​$______ ​(Round to the nearest​ dollar.)

B)Assuming a preferential tax rate of​ 15%, the amount she will pay in income taxes on this transaction is ​$_____.​(Round to the nearest​ cent.) Get Finance homework help today

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