c) If the dividend tax rate is 10% and there is no capital gain tax, is the stock pricing selling tomorrow greater, lower, or equal to the answer you got in b)? Why? Q1. The balance sheet for Firth Group is provided below in market value terms. There are 12,000 shares outstanding. The company has declared a dividend of $1.9 per share. The stock goes ex dividend tomorrow. Assume zero tax rate. Answer the following questions. [2 marks]