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You own ten shares of XYZ, a C-corporation, that distributes all of its net income to its shareholders as annual dividends. in the recently closed
You own ten shares of "XYZ", a C-corporation, that distributes all of its net income to its shareholders as annual dividends. in the recently closed financial year, your after-tax earnings from this investment in the form of dividend was 40$, and your marginal dividend tax rate was 20%. If XYZ's marginal corporate tax rate was 30%, find out the per share PBT of the company
a. 11.43$
b. 75.00$
c. 7.14$
d.7.50$
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