Rodger owns 100% of the shares in Trevor Inc., a C corporation. Assume the following for the current year: Trevor Inc.'s pre-tax income
Trevor Corp's marginal tax rate
Percentage of after-tax earnings retained by Trevor Corp (i.e., all after-tax earnings distributed)
Rodger's dividend tax rate Given these assumptions, how much cash does Rodger have from the dividend after all taxes have been paid?
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