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Suppose that you own 1 0 0 shares of XYZ Corp. The firm pays a quarterly dividend of $ 1 . 2 5 per share.
Suppose that you own shares of XYZ Corp. The firm pays a quarterly dividend of $ per share. If you are in a income tax bracket, how much tax will you owe on your annual dividend income? Assume that XYZ is a Canadian corporation and that it pays eligible dividends.
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