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You are a shareholder in a C corporation. The corporation earns $ 1.62 per share before taxes. Once it has paidtaxes, it will distribute the

You are a shareholder in a C corporation. The corporation earns $ 1.62 per share before taxes. Once it has paidtaxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 21 %, and your personal tax rate on(both dividend andnon-dividend) income is 20 %. How much is left for you after all taxes arepaid?

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