taxes and return you purchased a stock at the end of the prior year at a price of $73. at the end of this year the stock pays a dividend of $1.20 and you sell the stock for $78.

what is your return for the year? now suppose that dividends are taxed at 15 percent and long-term capital gains (over 11 months) are taxed at 30 percent. what is your aftertax return for the year?