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A C corporation earns $ 8.30 per share before taxes and the company pays a dividend of$ 5.00 per share. The corporate tax rate is
A C corporation earns $ 8.30 per share before taxes and the company pays a dividend of$ 5.00 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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