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12 Question 12 You buy a stock for $40 por share and sell it for $54 after holding it for slightly over a year and

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12 Question 12 You buy a stock for $40 por share and sell it for $54 after holding it for slightly over a year and collecting a $4.6 per share dividend. If dividend income is taxed at a 27% rates and capital gains are taxed at 20%, what is your after-tax holding period return? (Write your answer in percentage and round it to 2 decimal places)

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