You buy a stock for $42 per share and sell it for $55 after holding...
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Accounting
You buy a stock for $42 per share and sell it for $55 after holding it for slightly over a year and collecting a $5.8 per share dividend. If dividend income is taxed at a 22% rate and capital gains are taxed at 20%, what is your after-tax holding period return? (Write your answer in percentage and round it to 2 decimal places)
You buy a stock for $42 per share and sell it for $55 after holding it for slightly over a year and collecting a $5.8 per share dividend. If dividend income is taxed at a 22% rate and capital gains are taxed at 20%, what is your after-tax holding period return? (Write your answer in percentage and round it to 2 decimal places)
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