Question: A C corporation earns $ 8 . 3 $ 8 . 3 per share before taxes. The corporate tax rate is 3 9 % ,

A C corporation earns
$ 8.3$8.3
per share before taxes. The corporate tax rate is39%, the personal tax rate on dividends is15%, and the personal tax rate on
nonminusdividend
income is36%. What is the total amount of taxes paid if the company pays a
$ 5$5
dividend?
Question content area bottom
Part 1
A.$ 3.19
$ 3.19$3.19
B.$ 5.58
$ 5.58$5.58
C.$ 4.78
$ 4.78$4.78
D.$ 3.99
$ 3.99$3.99

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