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AC corporation earns 7.90 per share before taxes and the company pays a dividend of $6.00 per sharo. The corporate tax rate is 39%, the

AC corporation earns 7.90 per share before taxes and the company pays a dividend of $6.00 per sharo. The corporate tax rate is 39%, the personal tax rate dividends is 15%, and the personal tax rate on nondividend income %What is the after-tax amount an individual would receive from the dividend?

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