JFE Corporation has announced a fully franked dividend of $1 per share. The corporation tax rate is

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JFE Corporation has announced a fully franked dividend of $1 per share. The corporation tax rate is 30%. By how much should the share price fall on the ex-dividend date if the franking credits are fully valued?

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Posted Date: Oct 20, 2020 06:50 PM

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JFE Corporation has announced a fully franked dividend of $1 per share. The corporation tax rate is

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Macroeconomics

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