Charlotte Smidt bought 2,000 shares of the balanced no-load LaJolla Fund exactly one year and two days ago for a NAV of $8.47 per share. During the year, the fund distributed investment income dividends of $0.32 per share and capital gains dividends of $0.35 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 $8.95 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.) Help me solve this Clear all View an example Get more help Check answer