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Valiant Corp. is a C corporation that earned $ 3 . 5 $ 3 . 5 per share before it paid any taxes. Valiant Corp.
Valiant Corp. is a C corporation that earned $ $ per share before it paid any taxes. Valiant Corp. retained $ of afterminustax earnings for reinvestment and distributed what remained in dividend payments. If the corporate tax rate was and dividend earnings were taxed at what was the value of the dividend earnings received afterminustax by a holder of shares of Valiant Corp.?
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