QUESTION 45 Suppose you are in the 33% income tax bracket You own shares in Carefree Casinos, whose profits are taxed at a 25% rate "Double taxation means Carefree pays 25% tax on before tax prots, then another 25% tox is applied to its after tax profits Carefree pays 25% tax on its before-tax profits then another 33% tax is applied to its after-tax profits Carefree pays 25% tax on before tax profit and 33% on its retained earnings and you pay 335 tax on dividends which are distributed to you Carotroo pays 25% tax on before tax profit but tax on its retained comings, and you pay 33 tax on dividends which are distributed to you Carece pays 25% tax on before-tex pront and 25% on its retained earning, and you pay 33% tax on dividends which are distributed to you QUESTION 46 A company's market value is $25 billion it has 1 bilion shares outstanding Which of the following can you discorn from this information? Choose two The price of its stock is $25 Market value per share equals 525 00 Book value por share equals 525 Its book value is $25 billion