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You are a shareholder in a C corporation. The corporation earns $2.00 per share before taxes. Once it has paid taxes, it will distribute the

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You are a shareholder in a C corporation. The corporation earns $2.00 per share before taxes. Once it has paid taxes, 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 and non-dividend) income is 20%. How much is left for you after all taxes are paid? Answer: The amount that remains is $ per share

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