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On May 1, 2018, Karina purchased 100 shares of Gold stock at a total cost of $2,000. She received a total of $150 in dividends
On May 1, 2018, Karina purchased 100 shares of Gold stock at a total cost of $2,000. She received a total of $150 in dividends and sold the stock for $2,280 on May 15, 2019. Karina has a combined state and federal marginal tax rate of 28%. Her tax rate on both long-term capital gains and dividend income is 15%. What is her after-tax holding period return on her investment in Gold stock?
21.50% | ||
23.48% | ||
18.28% | ||
16.28% |
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