Time Limit: 1:00:00 Time Left:0:44:04 Andrew Reichart: Attempt 1 Page 1 1 2 3 Question 5 (1 point) Problem 14 on page 601 of the textbook shows one model that incorporates tax effects into determining the ex-dividend price. Use that model for this problem. A company's stock is selling for S10 per share just before the stock goes ex-dividend and the company will pay a cash dividend of 54 pelaare, Suppose all investom fave a marginal tax rate on dividends of 22 percent and a marginal tik rates on capital stain or 11 percent what is this model's prediction for the ex-dividend share price? Enter your answer in the box shown below with 2 dipits to the right of the decimal point Your Answer 5 6