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. AC corporation earns $5.50 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the

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. AC corporation earns $5.50 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the personal tax rate on non-dividend income is 39%. What is the total amount of taxes paid if the company pays a $3.00 dividend? A $2.02 OB $3.54 OC. $2.53 D. $3.03

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