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ValiantCorp is a C corporation that earned $3.00 per share before it paid any taxes. ValiantCorp retained $1 of after tax earnings for reinvestment, and

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ValiantCorp is a C corporation that earned $3.00 per share before it paid any taxes. ValiantCorp retained $1 of after tax earnings for reinvestment, and distributed what remained in dividend payments. If the corporate tax rate was 35% and dividend earnings were taxed at 12.5%, what was the value of the dividend earnings received after tax by a holder of 100,000 shares of ValiantCorp? OA. $116,375 OB. $99,750 OC. S66.500 O D. $83,125 match ma e to match m Click to select your

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