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Suppose you paid $960 for a share of Amazon 3 years ago. Amazon has not paid any dividends over the 3 year period. The stock

Suppose you paid $960 for a share of Amazon 3 years ago. Amazon has not paid any dividends over the 3 year period. The stock price of Amazon is currently $3230. You are thinking of selling and you face a capital gains tax rate of 20% and a tax rate of 37% on ordinary income. If you sell, what is your annualized after-tax rate of return from this investment?

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