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  3. maria purchased $5,000 of no-load mutual fund shar

Maria purchased $5,000 of no-load mutual fund shares just over a year ago. She received...

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Accounting

Maria purchased $5,000 of no-load mutual fund shares just over a year ago. She received $136 in dividend income and $201 in long-term capital gains distributions. Today she sold her shares for $5,062. Maria is in the 25% marginal tax bracket. Capital gains with holding periods in excess of one year and dividend income are taxed at 15%. What is Maria's after-tax holding period return?

Group of answer choices

6.6%

6.8%

6.0%

8.0%

Answer & Explanation Solved by verified expert
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