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Charlotte Smidt bought? 2,000 shares of the balanced? no-load LaJolla Fund exactly 1 year and 2 days ago for a NAV of $8.13per share. During

Charlotte Smidt bought? 2,000 shares of the balanced? no-load LaJolla Fund exactly 1 year and 2 days ago for a NAV of $8.13per share. During the? year, the fund distributed investment income dividends of $0.33 per share and capital gains dividends $0.36 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 $9.18 per share on the sale of all? 2,000 shares. Calculate? Charlotte's pretax and? after-tax HPR on this transaction.

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