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AC corporation earns $8.00 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal
AC corporation earns $8.00 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%. What is the total amount of taxes paid if the company pays a $4 dividend? O A. $3.72 OB. $2.98 O C. $5.21 OD. $4.46
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