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If the corporate tax rate is 25%, the individual ordinary income tax rate is 34%, and the individual divident income tax rate is 35%, how

If the corporate tax rate is 25%, the individual ordinary income tax rate is 34%, and the individual divident income tax rate is 35%, how much after-tax dividend income will $11 of pre-tax corporate income generate for a shareholder? Give your answer in dollars to the nearest penny.

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