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Problem 1 Troy, Inc. has declared a P4.60 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 15 percent. New

Problem 1 Troy, Inc. has declared a P4.60 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 15 percent. New BIR regulations require that taxes be withheld at the time...

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