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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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