Question
The company's tax rate is 20.00%. What is the after-tax return on the best investment alternative? Assume a 50.00% dividend exclusion for tax on dividends.
The company's tax rate is 20.00%. What is the after-tax return on the best investment alternative? Assume a 50.00% dividend exclusion for tax on dividends. (Round your final answer to 3 decimal places.)
a. 9.320%
b. 8.752%
c. 10.210%
d. 8.480%
e. 8.100%
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Unlocking Private Company Wealth
Authors: Z. Christopher Mercer, Jim Clifton
1st Edition
097006988X, 978-0970069887
