Q5: You purchased Apple Limited shares for $30 and they are now selling for $50. The company has announced that it plans a $20 special dividend. Assume that the dividend is fully franked (100% imputation credits), the corporate tax rate is 30%, you have a marginal tax rate of 38% and you have held the shares for more than 12 months. a. If you sell the shares or wait and receive the dividend, will you have different after-tax income? b. Assume now that the dividends are unfranked. What is the difference between the two options in part (a)?