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A firm invests in the common stock of another company having a 16 percent before-tax dividend yield. If the firm's marginal tax rate is 40
A firm invests in the common stock of another company having a 16 percent before-tax dividend yield. If the firm's marginal tax rate is 40 percent what is the after-tax dividend yield?
- A. 8.63%
- B. 9.64%
- C. 10.40%
- D. 14.08%
- E. 13.10%
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
