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Question 3 A stock is bought for $25.65 and sold for $30.54 a year later, immediately after it has paid a dividend of $4.75. What

Question 3

A stock is bought for $25.65 and sold for $30.54 a year later, immediately after it has paid a dividend of $4.75. What is the capital gain rate for this transaction?

NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign. Do not use Excel

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