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Sandy purchased 10 shares of a stock 9 months ago for $22 a share, received a $1 dividend per share during this time period, and
Sandy purchased 10 shares of a stock 9 months ago for $22 a share, received a $1 dividend per share during this time period, and sold the 10 shares of the stock today for $26 per share. Sandy has a marginal tax rate of 28%. Both long-term capital gains and dividend income is taxed at 15%. What is Sandy's after-tax holding period return?
17.72% | ||
16.95% | ||
18.28% | ||
19.32% |
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