You buy a stock for $46 per share and sell it for $58 after holding it for slightly over a year and collecting a $3.9 per share dividend. If dividend income is taxed at a 24% rate and capitalgains...

You buy a stock for $46 per share and sell it for $58 after holding it for slightly over a year and collecting a $3.9 per share dividend. If dividend income is taxed at a 24% rate and capital gains are taxed at 22%, what is your after-tax holding period return? (Write your answer in percentage and round it to 2 decimal places)

Jun 07, 2022
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