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Assuming a tax rate of 40%, the after tax cost of a $200,000 dividend payment is Select one: a.$130,000. b.$70,000. c.$200,000. d.None of the other

Assuming a tax rate of 40%, the after tax cost of a $200,000 dividend payment is

Select one:

a.$130,000.

b.$70,000.

c.$200,000.

d.None of the other answers are correct

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