A corporation earns $10 per share before tax, has a 30% corporate tax rate, and a...
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A corporation earns $10 per share before tax, has a 30% corporate tax rate, and a dividend payout ratio of 50%. How much will a shareholder with a 20% marginal tax rate receive? A corporation earns $10 per share before tax, has a 30% corporate tax rate, and a dividend payout ratio of 50%. How much will a shareholder with a 20% marginal tax rate receive?
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