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b . Assume in Stage IV that an investor owns 2 8 0 shares and is in a 1 5 percent tax bracket. What will

b. Assume in Stage IV that an investor owns 280 shares and is in a 15 percent tax bracket. What will be the investor's aftertax income
from the cash dividend?
Note: Do not round intermediate calculations and round your answer to 2 decimal places.
Affertax income
c. In what two stages is the firm most likely to utilize stock dividends or stock splits?
Note: Select two answers. Single click the box with the question mork to produce a check mark for a correct answer and double
click the box with the question mark to empty the box for o wrong answer.
12 Stage I
12 stage II
7 Stoge ill
Stoge IV
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