What is the after-tax amount an individual would receive

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Question - A C corporation earns $8.30 per share before taxes and the company pays the whole profit out as a dividend share. The corporate tax rate is 21%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 20%. What is the after-tax amount an individual would receive from the dividend?

Reference no: EM133006717

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