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An inwestor buys a stock for $20 and sells it in one year for $22. They receive dividends of $1.50 (assume the entire dividend is

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An inwestor buys a stock for $20 and sells it in one year for $22. They receive dividends of $1.50 (assume the entire dividend is paid at the end of the year. Their tax rate on capital gains is 254 and 15% on dividends. What is their after tax holding period return? Enter your answer as a percentage and to the nearest 0.01% (eg, write three and a quarter percent as 3.25) 96

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