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Charles pays 1 5 % in dividend and capital gains taxes and 3 5 % in ordinary income taxes. Two years ago, Charles purchased 4
Charles pays in dividend and capital gains taxes and in ordinary income taxes. Two years ago, Charles purchased shares in a REIT for $ a share. The REIT has not made any distributions in excess of net income, but did distribute $ in shortterm gains, $ in longterm gains, and $ in ordinary dividends this year. What are the taxes this year on this investment?
Round the answer to two decimals.
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