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You purchased 50 shares of Z stock in January 2022 for $40 per share. Each year you received a cash dividend of $0.75 per

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You purchased 50 shares of Z stock in January 2022 for $40 per share. Each year you received a cash dividend of $0.75 per share. In December of 2026, you sold 50 shares of Z for $60 per share. Brokerage fees amounted to 3.0% of the purchase price and 3.0% of the sales proceeds. part 1. Dividends and long term capital gains for the 28% marginal tax bracket will be subject to a 15% tax rate. What is your after tax average annual return? part 2. If inflation averaged 4% per year over the investment period, the average annual after-tax real rate of return would be? 7.58% and 2.59% 8.10% and 3.44% O 7.58% and 3.44% O8.10% and 2.59%

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