Ahmad Bought A Share Ten Months Ago For $25 A Share, Got A $3.5 Dividend Per Share Last Month, And Sold The Stock Today For $21.5 Per Share. Ahmad Falls In A Marginal Tax Bracket Of 30%. The Tax Rate...

Ahmad Bought A Share Ten Months Ago For $25 A Share, Got A $3.5 Dividend Per Share Last Month, And Sold The Stock Today For $21.5 Per Share. Ahmad Falls In A Marginal Tax Bracket Of 30%. The Tax Rate On Both Capital Gains For Shares Held More Than One Year And Dividend Income Is 15%. What Is Ahmad's After-Tax HPR?

13.2%

11.0%

0.00%

16.7%