Imagine that investors expect to receive a compensation of rE=10% for holding a given stock. Imagine that the stock currently trades at 100 and that dividends are expected to grow at 5\%. Assume that the dividend at time t+1 is expected to be equal to 10 . Furthermore, assume that dividend income is taxed at 50% and capital gains are taxed at 20%. Assume that a given investor holds such a stock from period t to period t+1. Imagine that the price of the stock does not change during that time. What is the after tax return generated by investor in such a scenario? 5%8%10% None of the above.