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Calculate what is the time-weighted after-tax rate of return form the following data? Tax Rates are as follows: The capital gains rate is 20% The

Calculate what is the time-weighted after-tax rate of return form  the following data?

Tax Rates are as follows:

The capital gains rate is 20%

The investor's personal income tax rate on dividends is 15%.


begin{tabular}{|r|c|c|} hline multicolumn{1}{|l|}{} & Event or &  hline multicolumn{1}{|l|}{ Date } & $ Dividend & (


Date Event or $ Dividend 1-Jan buy 15-Mar 0.6 30-May 3 for 1 15-Jun 0.4 15-Sep 0.4 15-Dec 0.4 31-Dec sell Market Price 100 102 100 35 36 34 37

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