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Martin Aston invests in a stock which is worth $75.00 per share. During his investment period, he received $4.00 in dividends. At the end of

Martin Aston invests in a stock which is worth $75.00 per share. During his investment period, he received $4.00 in dividends. At the end of his investment period, he sold the stock for $60.00. If dividend income is taxed at 25.00% and capital gains are taxed at 30.00%.



What is his after-tax holding period return for his investment in a given year?

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