Dividends and firm value: In 2013, the maximum tax rate on dividends increased from 15 percent to
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Dividends and firm value: In 2013, the maximum tax rate on dividends increased from 15 percent to 23.8 percent. How would you expect this increase to affect the prices of dividend-paying stocks versus those of non-dividend-paying stocks?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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