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Consider the Following Equation

Question 41

Multiple Choice

Consider the following equation: Consider the following equation: The term τ<sub>d</sub> is A) the price per share after a dividend is paid. B) the price per share before a dividend is paid. C) the personal tax rate for capital gains. D) the personal tax rate for dividend.
The term τd is


A) the price per share after a dividend is paid.
B) the price per share before a dividend is paid.
C) the personal tax rate for capital gains.
D) the personal tax rate for dividend.

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