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You purchased CSH stock for $49 and it is not selling for $61. The company has announced that it plans a $12 special dividend. If

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You purchased CSH stock for $49 and it is not selling for $61. The company has announced that it plans a $12 special dividend. If the capital gains tax rate is 15% and the dividend tax rate is 42%, then the after-tax income of selling the stock or waiting and receiving the dividend is different by $3.24. The after-tax income between the two options is different because: (Select the best choice below.) We are considering different years. Selling the stock and waiting and receiving the dividend produce different before-tax cash flows. The capital gains tax rate and the dividend tax rate are different. None is correct

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