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Business, 11.05.2021 02:10, kenyatte97
Suppose the only owners of stock are corporations. Recall that corporations get at least a 70 percent exemption from taxation on the dividend income they receive, but they do not get such an exemption on capital gains. If the corporationās income and capital gains tax rates are both 35 percent, how much will the share price fall? (Do not round intermediate calculations and round your answer to 4 decimal places, e. g., 32.1616.)
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