After reading this chapter, it isn't surprising that you're becoming an investment wizard. With your newfound expertise you purchase 100 shares of KSU Corporation for $44.29 per share. Over the next 12 months assume the price goes up to $51.54 per share, and you receive a qualified dividend of $0.56 per share. What would be your total return on your KSU Corporation investment? Assuming you continue to hold the stock, calculate your after-tax return. How is your realized after-tax return different if you sell the stock? In both cases assume you are in the 25 percent federal marginal tax bracket and 15 percent long-term capital gains and qualified dividends tax bracket and there is no state income tax on investment income. Your total rate of return on your KSU Corporation investment is 17.63 %. (Round to two decimal places.) Assuming you continue to hold the stock, your after-tax rate of return is 14.99 %. (Round to two decimal places.) X That's incorrect X The after-tax return, assuming you continue to hold the stock, can be calculated (on a per-share basis) as follows: (ending value - beginning value) + income return - taxes after-tax rate of return = beginning value Taxes are just the dividend taxes. Remember to enter the after-tax rate of return to two decimal places