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ii) Suppose you buy 300 shares of stock priced at $78.90 and sell the stock one year later for $83.20 after collecting a $0.60 dividend

ii) Suppose you buy 300 shares of stock priced at $78.90 and sell the stock one year later for $83.20 after collecting a $0.60 dividend per share. Dividend income is taxed at a 28% rate and capital gains are taxed at 20%. What was your pre-tax holding period return? What was your after-tax holding period return? (5 Marks)

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