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You buy a stock for $10 per share and sell it for $12 after holding...

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Finance

You buy a stock for $10 per share and sell it for $12 after holding it for slightly over a year and collecting a $0.50 per share dividend. Your dividend yield attracts an ordinary income tax rate of 28% and your capital gains yield attracts a tax rate of 20%. Your after-tax rate of return is?

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