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Homework answers / question archive / A corporation earns $10 per share before tax, has a 30% corporate tax rate, and a dividend payout ratio of 50%

A corporation earns $10 per share before tax, has a 30% corporate tax rate, and a dividend payout ratio of 50%

Finance

A corporation earns $10 per share before tax, has a 30% corporate tax rate, and a dividend payout ratio of 50%. How much will a shareholder with a 20% marginal tax rate receive?

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