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Eight years ago you purchased a certain electric vehicle stock for $30/share, which is now selling for $1500/share. If you decided to sell now, assuming

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Eight years ago you purchased a certain electric vehicle stock for $30/share, which is now selling for $1500/share. If you decided to sell now, assuming your capital gain tax rate is 15% and inflation is 2%, what is your real rate of return? (NOTE: do not use Eq. 3.14; the reason it does not apply to this problem is that capital gains tax is only applied one time, and only applies to the gain after the sale, not the entire portion.)

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