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connect Basic (Questions 1-10) 1. Dividends and Taxes Ash, Inc., has declared a $7.25 per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 25 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $79 per share and is about to go ex dividend. What do you think the ex-dividend price will be? connect Basic (Questions 1-10) 1. Dividends and Taxes Ash, Inc., has declared a $7.25 per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 25 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $79 per share and is about to go ex dividend. What do you think the ex-dividend price will be?