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Alice purchased a year ago a stock at $40. Today the price is selling at $50 and the stock paid $2.00 in dividends. The capital
Alice purchased a year ago a stock at $40. Today the price is selling at $50 and the stock paid $2.00 in dividends. The capital gain tax rate is 10% and the marginal tax rate is 20%. What is the after tax dividend yield?
PRESENT YOUR ANSWER AT PERCENTAGE ROUNDED TO 0 DECIMAL PLACES, BUT DON'T USE THE PERCENTAGE SYMBOL
EX. IF YOUR ANSWER IS 10%, JUST WRITE 10
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