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22. George Hunn holds a stock which is worth $60.00 a share. During his investment period, he received $3.10 in dividends. At the end of

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22. George Hunn holds a stock which is worth $60.00 a share. During his investment period, he received $3.10 in dividends. At the end of the year he sold the stock for $51.00. If dividend income is taxed at 30.00% and capital gains are taxed at 25.00%, what is his after-tax holding period return for his investment in a given year? 9.10% -9.77% 10.50% -11.38%

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