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A C corporation earns $8.30 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the
A C corporation earns $8.30 per share before taxes. 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 total
amount of taxes paid (by the corporation and the investor) if the company pays a $6.00 dividend?
O $4.96
O $5.79
O $4.14
O $3.31
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Amazon Goldmine How Amazon Can Make You A Millionaire
Authors: Mrs Esther B. Odejimi
1st Edition
1533513406, 978-1533513403
