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A public ASX-listed company declares fully franked dividends of $1.522 per share in late November 2021. The companys tax rate is 28%. Three shareholders each
A public ASX-listed company declares fully franked dividends of $1.522 per share in late November 2021. The companys tax rate is 28%. Three shareholders each have 310 shares. Shareholders A, B, and C each have a marginal tax rate of 19.5%, 34.0%, and 42.0%. a) What is the after-tax dividend of Shareholder A? $ (Round your answer to 2 decimal places) b) What is the after-tax dividend of Shareholder B? $ (Round your answer to 2 decimal places) c) What is the after-tax dividend of Shareholder C? $ (Round your answer to 2 decimal places)
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