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You buy a stock for $48 per share and sell it for $57 after holding it for slightly over a year and collecting a $1
You buy a stock for $48 per share and sell it for $57 after holding it for slightly over a year and collecting a $1 per share dividend. If dividend income is taxed at a 26% rate and capital gains are taxed at 25%, what is your after-tax
holding period return? (Write your answer in percentage and round it to 2 decimal places)
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