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A stock is bought for $58.00 and sold for $64.67 one year later, immediately after it has paid a dividend of $1.50. What is the
A stock is bought for $58.00 and sold for $64.67 one year later, immediately after it has paid a dividend of $1.50. What is the capital gain rate for this transaction?
a. | 11.50% | |
b. | 10.80% | |
c. | 2.60% | |
d. | 8.40% |
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