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Consider a C corporation. The corporation earns $ 2 . 5 per share before taxes. After the corporation has paid its corresponding taxes, it will
"Consider a C corporation. The corporation earns $ per share before taxes. After the corporation has paid its corresponding taxes, it will distribute of its earnings to its shareholders as a dividend. The corporate tax rate is the tax rate on dividend income is and the personal income tax rate is set at How much is the total effective tax rate on the corporation earnings? Note: Express your answers in strictly numerical terms. For example, if the answer is enter as an answer; or if the answer is $ write enter as an answer."
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