Question: 2. Using the information below and an initial purchase of 100 shares: Calculate the after-tax time-weighted return, given a dividend tax rate of 15% and
2. Using the information below and an initial purchase of 100 shares: Calculate the after-tax time-weighted return, given a dividend tax rate of 15% and a capital gains tax rate of 20%.
| Date | $ Dividend per share | Market Price when Dividend Received |
| 1/1 | $30 | |
| 3/31 | $0.60 | $32 |
| 6/30 | $0.60 | $33 |
| 9/30 | $0.60 | $35 |
| 12/31 | $0.60 | $35 |
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