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The after-tax yield on a preferred stock is 10%. If the corporate tax rate is 21%, how many dollars in dividends did the company pay
The after-tax yield on a preferred stock is 10%. If the corporate tax rate is 21%, how many dollars in dividends did the company pay if the stock price and par is $100?
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
