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You are a shareholder in a corporation. The corporation announces a profit of $ 6 per share, of which it retains $ 1 for reinvestment
You are a shareholder in a corporation. The corporation announces a profit of $ per share, of which it retains $ for reinvestment and distributes the rest as dividends. Given the corporate tax rate personal tax rate on dividend and personal tax rate on nondividend income how much tax must you pay per share?
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