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Brenda has received an eligible dividend of $500 from CIBC. She has you to help her calculate the income tax consequences of this dividend? She

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Brenda has received an eligible dividend of $500 from CIBC. She has you to help her calculate the income tax consequences of this dividend? She told you that the Dividend Gross Up is 38% and the Dividend Tax Crea - 15.0195%. What is the dollar value of the dividend tax credit? Multiple Choice $75.36 $103.64 $65.40 $107.24

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