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You are a shareholder in an Australian corporation. The corporation earns $1.00 per share before taxes. Once it has paid taxes it will distribute the

You are a shareholder in an Australian corporation. The corporation earns $1.00 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 30% and you are on the lowest personal tax rate of 24%. How much is left for you after all taxes are paid/refunded?

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