Question: Determine the after-tax dividend for a superannuation fund that pays 15% tax on its income on its 120,000 shareholdings in a company that earned $8.15,

Determine the after-tax dividend for a superannuation fund that pays 15% tax on its income on its 120,000 shareholdings in a company that earned $8.15, has a franking credit of 75%, pays tax at 30%, and has a dividend payout ratio of 72%.

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