An S corporation earns 8.8 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 dividend

A perpetuity will pay $500 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on the date that it is purchased, given that the interest rate is 6%?

Drew receives an inheritance that pays him 45000 every three months for the next two years. Which of the following is closest to the present value (PV) of this inheritance if the interest rate is 8.3% (EAR)?