question archive Ahmad bought a share ten months ago for $25 a share, got a $3
Subject:FinancePrice:2.86 Bought11
Ahmad bought a share ten months ago for $25 a share, got a $3.5 dividend per share last month, and sold the stock today for $21.5 per share. Ahmad falls in a marginal tax bracket of 30%. The tax rate on both capital gains for shares held more than one year and dividend income is 15%. What is Ahmad's after-tax HPR?
Select one:
A. 11.0%
B. 0.00%
C. 16.7%
D. 13.2%
Purchased 11 times