An investor living in Klaatu holds 100 shares of stock in the Lucas Corporation. Lucass pretax earnings for the current year are $2.00 per share, and the company has a payout ratio of 100%. The investor's individual tax rate on dividends is 30%. The effective tax rate on a dollar of funds to be paid out as dividends is closest to: A. 35.096. B. 54.5%. C. 62.3%. 4