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Cannot be determined from the information given BAT announces a dividend re-investment plan giving shareholders the choice of electing cash income at a rate of

Cannot be determined from the information given BAT announces a dividend re-investment plan giving shareholders the choice of electing cash income at a rate of 50.75p per share, or securities at a re-investment price of 28.329107 per share. The position holders domestic income tax rate, net of foreign withholding tax, is? (Assume the investor is South African) 0% 5% 10% 20%

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