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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

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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 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? -13.50% -16.00% 8.00% -17.00%

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