Question: L Moving to another question will save this response. Question 23 of 27 Question 23 2 points Save Answer You buy a stock for $49

 L Moving to another question will save this response. Question 23

L Moving to another question will save this response. Question 23 of 27 Question 23 2 points Save Answer You buy a stock for $49 per share and sell it for $52 after holding it for slightly over a year and collecting a $1.1 per share dividend. If dividend income is taxed at a 28% rate and capital gains are taxed at 28%, what is your after-tax holding period return? (Write your answer in percentage and round it to 2 decimal places)

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