Find the real after-tax return on the investment


RCMP, Inc. shares rose 10 percent in value last year while the inflation rate was 3.5 percent. What was the real return on the stock? If an investor sold the stock after one year and paid taxes on the investment at a 15 percent tax rate, what is the real after-tax return on the investment?

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Microeconomics: Find the real after-tax return on the investment
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