Question
Corporation earns $10 per share before tax. The corporate tax rate is 25% and the firm distribute 50% of its net income. If the tax
Corporation earns $10 per share before tax. The corporate tax rate is 25% and the firm distribute 50% of its net income. If the tax rate on dividends is 15%, how much dividends you will receive after tax?
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
