Business
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 corporationā€™s 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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Suppose the only owners of stock are corporations. Recall that corporations get at least a 70 percen...

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