Charlotte Smidt bought 2,000 shares of the balanced no-load La Jolla Fund exactly 1 year and 2 days ago for a NAV of $8.56 per share. During the year, the fund distributed investment income dividends of 0.37 per share and capital gains dividends of 50.38 per share. At the end of the year, Charlotte, who is in the 35% ordinary tax bracket (federal and state combined) and pays a 15% capital gains rate on dividends and on capital gains for holding periods longer than 12 months, realized 59.17 per share on the sale of all 2,000 shares. Calculate Charlotte's pretax and after-tax HPR on this transaction Charlotte's pretax HPR on this transaction is %. (Round to two decimal places.)