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Business, 19.09.2019 17:20 gabrielmtrue

Valiantcorp is a c corporation that earned $ 3.90$3.90 per share before it paid any taxes. valiantcorp retained $1 of after tax earnings for reinvestment, and distributed what remained in dividend payments. if the corporate tax rate was 3535% and dividend earnings were taxed at 12.5%, what was the value of the dividend earnings received after tax by a holder of 100,000 shares of valiantcorp?
(a) $ 134,313
(b) $134,313
(c) $ 188,038

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Valiantcorp is a c corporation that earned $ 3.90$3.90 per share before it paid any taxes. valiantco...
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