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Which of the following is most likely to result from an increase in the dividend tax credit? a ) A decline in unit price of
Which of the following is most likely to result from an increase in the dividend tax credit?
a A decline in unit price of mutual funds that focus on investing in preferred shares.
b A decrease in income of all the retired Canadians who own preferred shares.
c An increase in the proportion of total Canadian taxes that are paid from investment income.
d An increase in prices of Canadian dividendpaying shares because they will have a lower effective rate rate which makes them more attractive investments.
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