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Suppose that you own 100 shares of XYZ Corp. The firm pays a quarterly dividend of $1.65 per share. If you are in a
Suppose that you own 100 shares of XYZ Corp. The firm pays a quarterly dividend of $1.65 per share. If you are in a 31% 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.) (Enter your answer to the nearest cent without any $ signs, e.g. if your answer is $123.45, enter 123.45.) Your Answer:
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
