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Jeffry is in the 15% federal marginal tax bracket. If he earns $500 in eligible Canadian dividends, how much tax will he pay, after considering
Jeffry is in the 15% federal marginal tax bracket. If he earns $500 in eligible Canadian dividends, how much tax will he pay, after considering the 38% dividend gross-up and the 15.02% dividend tax credit on grossed-up dividends? Round to the nearest dollar. Select one: a. $75 b. $28 c. $104 d. Zero
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