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You are a shareholder in a corporation. The corporation earns $5 per share before taxes. After it has paid taxes, it will distribute the rest

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You are a shareholder in a corporation. The corporation earns $5 per share before taxes. After it has paid taxes, it will distribute the rest of its earnings to you as dividend. The corporate tax rate is 30% and your personal tax rate on dividend income is 25%. What fraction of the corporation's earnings per share before the taxes did you 'take home' after paying taxes? 57.50%55.00%52.50%47.50%45.00% Question 9 (1 point) Secondary markets help the managers of a corporation to: Raise new funds by issuing debt Raise new funds by issuing equity Evaluate available projects Gauge how the market evaluates their performance Increase shareholders' wealth

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