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What is royals drd associated with the dividend

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Question 1: Royal Trade Inc. received $36,000 dividend from Cypress Hills Inc. Royal Trade owns 55% of the Cypress Hill stock outstanding. What is Royal's DRD associated with the dividend? Royal Trade Inc.'s income is $100,000,

  1. $55,000
  2. $23,500. 
  3. $65,000
  4. $19,800

Reference no: EM132475711

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