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Jordan Grinch invested in stocks and she purchased a share of Marriot common stock for $40.00 eight days ago. Jordan wants to sell her share
Jordan Grinch invested in stocks and she purchased a share of Marriot common stock for $40.00 eight days ago. Jordan wants to sell her share today at a price of $46.00. Also, during her investment, she received a dividend payment of $4.00. If dividends are taxed at 20.00% and capital gains are taxed at 30.00%, what is the after-tax holding period return for Jordan?
Group of answer choices
22.50%
12.50%
25.00%
18.50%
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