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An investor is in the 25% tax bracket and receives $140 in dividends from a Canadian corporation. How much federal tax must be paid on

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An investor is in the 25% tax bracket and receives $140 in dividends from a Canadian corporation. How much federal tax must be paid on the dividend? (assume a 38% gross-up and 25% dividend tax credit) a) $21.00 b) o c) $28.98 d) $30.00

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