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Question: exercise assumptions dividends received 1200 corporate tax rate ...

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Exercise: Assumptions: Dividends received = $1,200 Corporate tax rate = 21% Ownership = 40% 1レ Taxes and income retained Tax-
Exercise Dividends received 二$500 1, If personal tax rate = 15% Tax rate on the $500 = Taxes due 2. If personal tax rate = 25
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