Question

You buy stock for $30 per share and sell it for $33 per share after holding it for slightly after a yer and collecting a $0.75 per share dividend.  Youre ordinary income tax rate is 28% and your capital gains tax rate is 20%.  Youre after tax return rate is?

A. 8.00%

B. 10.25%

C. 12.5%

D. 9.8%

E.8.75%

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