Show mathematically that, with a tax rate on both dividends and capital gains of 5 percent, it

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Show mathematically that, with a tax rate on both dividends and capital gains of

5

percent, it doesn't matter whether earnings are paid out as dividends or kept in the firm to cause g to grow for a constant

-

dividend stock.

Posted Date: May 19, 2024 12:14 AM

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Show mathematically that, with a tax rate on both dividends and capital gains of 5 percent, it

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