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In 2006, Luther Incorporated paid a special dividend of $5 per share for the 100 million shares outstanding of Luther has instead retained that cash

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In 2006, Luther Incorporated paid a special dividend of $5 per share for the 100 million shares outstanding of Luther has instead retained that cash permanently and invested it into treasury bills earning 5%, then the present value of the additional taxes paid by Luther would be closest to O A $585 million OB. $175 million OC. $35 million D. $290 million

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