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If consolidated power is priced at 5000 with dividend and

Question: If Consolidated Power is priced at $50.00 with dividend, and its price falls to $46.50 when a dividend of $5.00 is paid, what is the implied marginal rate of personal taxes for its stockholders? Assume that the tax on capital gains is 40% of the personal income tax.

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Finance Basics: If consolidated power is priced at 5000 with dividend and

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