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A firm has operating income of $4,500. The corporate tax rate is 21% and the personal tax rate is 20%. The firm's dividend payout ratio

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A firm has operating income of $4,500. The corporate tax rate is 21% and the personal tax rate is 20%. The firm's dividend payout ratio is 65%. There are 100 shares outstanding. If the firm is an S-corporation, what is the net dividend per share? If the firm is a C-corporation what is the net dividend per share

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