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A c corporation earns $8.3 per share before taxes and the company pays a dividend of $5 per share. The corporate tax rate is 39%,
A c corporation earns $8.3 per share before taxes and the company pays a dividend of $5 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 a shareholder would receive from the dividend per share? A. $4.25 B. $5.00 C. $3.05 D. $5.75
A c corporation earns $8.3 per share before taxes and the company pays a dividend of $5 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 a shareholder would receive from the dividend per share?
A. $4.25
B. $5.00
C. $3.05
D. $5.75
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