On February 19, 2010, Angela Purchased 100 Shares of ABC

Multiple Choice

On February 19, 2010, Angela purchased 100 shares of ABC at a total cost of $1,712.50. She received a total of $125.00 in dividends and sold the shares today, February 22, 2011. Her net proceeds from the sale are $1,892.40. Angela has a marginal tax rate of 32%. Her tax rate on both her capital gains in excess of one year and her dividend income is 18%. What is Angela's after- tax holding period return on her investment in ABC stock?

A) 11.0%.
B) 14.6%.
C) 13.2%.
D) 12.1%.