please answer (B) and (C)

Uney.edu.au YouTube Maps MyStudentRecords WordIon (@ o Uni Mail W/ MyWestern () WhatsApp ( Terant Horse * Alocre- Login emaining Time: 36 minutes, 54 seconds. Question Completion Status: gestion 5 10 points (Your results should be at least up to 4 decimal places) (a) Does following the residual theory of dividends lead to a stable dividend? Contrast the basic arguments about dividend policy advanced by Miler and Mox) plani and by Gordon and Listret. (2+4 = 6 marks) (b) Explain briefly how the imputation system of dividend payment removes the double taxation of dividends. (2 marks) (c) Suppose a company pays out fully franked dividends of $120 each to investors with marginal tax rates of 35%%. The statutory company tax rate is 30%. Calculate the net tax payable of the refund as the case may be. (2 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Arial 14px B I U S Paragraph