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At the beginning of the year you purchase a stock at $146. At the end of the year you sold the stock at $156. During
At the beginning of the year you purchase a stock at $146. At the end of the year you sold the stock at $156. During the year you received $2.40 cents in dividends. Find your after-tax return if the dividends are taxed at 10% and the capital gain is taxed at 15%.
A. 5.19% B. 6.19% C. 6.84% D. 7.30% E. 8.23%
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