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You have purchased a share of ABC stock at $11.5 per share and sold it at $16.22 per share. What is your after-tax return if
You have purchased a share of ABC stock at $11.5 per share and sold it at $16.22 per share. What is your after-tax return if your marginal tax rate is 16%? Assume that these were the only trades during the tax year and that you carried over no investment gains or losses from previous years.
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