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A fund has $874 million dollars of assets, $20 million of liabilities, and 27 million shares outstanding. During the year the fund made qualified dividend

A fund has $874 million dollars of assets, $20 million of liabilities, and 27 million shares outstanding. During the year the fund made qualified dividend distributions of $2.3 per share, long term capital gains distributions of $1.1, and short-term capital gains distributions of $1.2. What is the after-tax distribution yield, if your marginal income tax rate is 35%, and your long term capital gains tax rate (which also applies to qualified dividends) is 15%? Enter answer in percents, accurate to two decimal places. Extra: How does that compare with pre-tax yield? What are the criteria for dividends to be "qualified" under current tax laws

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