Question
13. A C corporation earns $ 7.80 per share before taxes and the company pays a dividend of $ 6.00 per share. The corporate tax
13. A C corporation earns $ 7.80 per share before taxes and the company pays a dividend of $ 6.00 per share. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%. What is the after-tax amount an individual would receive from the dividend?
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Handbook Of Modeling High Frequency Data In Finance
Authors: Frederi G. Viens, Maria Cristina Mariani, Ionut Florescu
1st Edition
0470876883, 978-0470876886
