buy a stock for $41 per share and sell it for $59 after holding it for slightly over a vear and collecting a $4.7 per share dividend, If dividend income is taxed at a 25% rate and capital gains are taxed at 29%, what is your after-tax holding period return? (Write your answer in percentage and round it to 2 decimal places)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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buy a stock for $41 per share and sell it for $59 after holding it for slightly over a vear and collecting a $4.7 per share dividend, If dividend income is taxed at a 25% rate and capital gains are taxed at 29%, what is your after-tax holding period return? (Write your answer in percentage and round it to 2 decimal places)
You buy a stock for $41 per share and sell it for $59 after holding it for slightly over a year and collecting a $4.7 per share dividend. If dividend income is taxed at a 25% rate and capital gains are taxed at 29%, what is your after-tax
holding period return? (Write your answer
percentage and round it to 2 decimal places)
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Transcribed Image Text:You buy a stock for $41 per share and sell it for $59 after holding it for slightly over a year and collecting a $4.7 per share dividend. If dividend income is taxed at a 25% rate and capital gains are taxed at 29%, what is your after-tax holding period return? (Write your answer percentage and round it to 2 decimal places) < Question 3 of 28>> A Moving to another question will save this response.
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