Suppose that Alpha pays a $1 fully franked dividend and the associated franking credit is valued by
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Suppose that Alpha pays a $1 fully franked dividend and the associated franking credit is valued by the market at 0.23. As an Australian investor, if you are selling your shares at the ex-dividend price and the corporate tax rate is 30%, the amount of share price fall on the ex-dividend day is $____.
Related Book For
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
Posted Date: