Question: A C corporation earns $ 7 . 9 $ 7 . 9 per share before taxes and the company pays a dividend of $ 6

A C corporation earns
$ 7.9$7.9
per share before taxes and the company pays a dividend of
$ 6$6
per share. The corporate tax rate is39%, the personal tax rate on dividends is15%, and the personal tax rate on
nonminusdividend
income is36%. What is the
afterminustax
amount an individual would receive from thedividend?
Question content area bottom
Part 1
A.$ 5.1
$ 5.1$5.1
B.$ 7.14
$ 7.14$7.14
C.$ 6.12
$ 6.12$6.12
D.$ 4.08
$ 4.08

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