Question: COSCO Inc., has declared a RM 4 . 6 0 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 1
COSCO Inc., has declared a RM per share dividend. Suppose capital gains are not taxed, but dividends are taxed at percent. New tax regulations require that taxes be withheld at the time the dividend is paid. COSCO sells for RM per share, and thestock is about to go exdividend. What do you think the exdividend price will be
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