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Lion King, a C-Corp, has pre-tax earnings of $20 million. Itpays 60% of its earnings as dividends. The corporate tax rate is21%, the personal tax
Lion King, a C-Corp, has pre-tax earnings of $20 million. Itpays 60% of its earnings as dividends. The corporate tax rate is21%, the personal tax rate on dividends is 15%, and the personaltax rate 2 answers
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Fundamentals of Investments
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
3rd edition
132926172, 978-0132926171
