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Petroxy Company has forecasted a net income of $ 5 , 7 0 0 , 0 0 0 for this year. Its common stock currently
Petroxy Company has forecasted a net income of $ for this year. Its common stock currently trades at $ per share, and the company currently has shares of common stock outstanding. It has sufficient funds available to pay a cash dividend, but many of its investors don't like the additional tax liability to which the dividend income subjects them.
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