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Suppose that all capital gains are taxed at a 1 6 % rate, and that the dividend tax rate is 3 6 % . Rearden
Suppose that all capital gains are taxed at a rate, and that the dividend tax rate is Rearden Metal is currently trading for $ per share, and is about to pay a $ special dividend.
Absent any other trading frictions or news, Rearden's share price just after the dividend is paid will be closest to decimal places:
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