Ginger, Incorporated, has declared a $8 per share dividend. Suppose capital gains are not taxed, but dividends are taxed aT 18 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $83 per share, and the stock is about to go ex-dividend. What do you think the ex-dividend price will be?
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Ginger, Incorporated, has declared a $8 per share dividend. Suppose
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- a) Ex-Dividend Price Company A has declared a dividend of $2.60 per share. Suppose capital gains are not taxed but dividends are taxed at 15 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The stock closed at $36.80 per share today and the stock goes ex dividend tomorrow. What will be the ex-dividend price? b) Market value and homemade dividends An investor own 100 shares of Firm X. The company will pay 0.50 per share this year and final liquating dividend of $42 per share next year. The required return of this stock is 14%. Ignoring taxes, what is the current market value of one share of this stock? What will the investor's homemade dividend per share be next year if they do not want any dividend this year? (hint: buy shares with the dividends this year)The current stock price of a company is $100 a share. This company announces a dividend of $5 a share. On ex-dividend day the stock price drops $4 to $96 a share. If the tax rate on dividends, D, is 30%, what is the implied tax rate on capital gains, G? You are a tax-exempt institution, and you plan to sell 100 shares (that you already own) of this stock; would you sell them cum- or ex-dividend?Gatto, Incorporated, has declared a $5.40 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 20 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $94.00 per share, and the stock is about to go ex-dividend. What do you think the ex-dividend price will be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Ex-dividend price
- You are a shareholder in a corporation. The corporation earns $10 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 36%, the personal tax rate on dividend income is 20%, and the personal tax rate on other income is 41%. How much is left for you after all taxes are paid? The amount that remains is $___per share. (Round to the nearest cent.)Que Corporation pays a regular dividend of $1 per share. Typically, the stock price drops by $0.80 per share when the stock goes ex-dividend. Suppose the capital gains tax rate is 20%, but investors pay different tax rates on dividends. Absent transactions costs, what is the highest dividend tax rate of an investor who could gain from trading to capture the dividend?↑ You are a shareholder in a C corporation. The corporation earns $2.05 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend Assume the corporate tax rate is 25% and the personal tax rate on all income is 20% How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to the nearest cent.)
- You are a shareholder in a C corporation. The corporation earns $1.59 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. Assume the corporate tax rate is 36% and the personal tax rate on (both dividend and non-dividend) income is 25%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to the nearest cent.)You are a shareholder in a C corporation. The corporation earns$ 1.86 per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 35 %, and your personal tax rate on (both dividend and non-dividend) income is 30%. How much is left for you after all taxes are paid? (The amount left per share)(round to nearest cent)Find the after-tax return to a corporation that buys a share of preferred stock at $47, sells it at year-end at $47, and receives a $3 year-end dividend. The firm is in the 30% tax bracket. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
- You are a shareholder in a C corporation. The corporation earns $2.00 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. Assume the corporate tax rate is 25% and the personal tax rate on all income is 20%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to the nearest cent.)LMN Corporation, a real estate company, is planning to pay a dividend of $0.80 per share. Most of the investors in LMN are other corporations that pay 40.00 percent of their ordinary income and 27.00 percent of their capital gains as taxes. However, they can exempt 71.00 percent of the dividends they receive from taxes. If the shares are selling at $23.00 per share, what would be the ex-dividend stock price? $21.03 $22.03 $21.34 $22.80 $21.18You purchased CSH stock for $42 and it is now selling for $53. The company has announced that it plans a $11 special dividend. a. Assuming 2010 tax rates of 15% on dividends and capital gains, if you sell the stock or wait and receive the dividend, will you have different after-tax income? b. Assuming the capital gains tax rate is 21% and the dividend tax rate is 42%, if you sell the stock or wait and receive the dividend, will you have different after-tax income? If the after-tax income is different, why? a. Assuming 2010 tax rates of 15% on dividends and capital gains, if you sell the stock or wait and receive the dividend, will you have different after-tax income? (Select from the drop-down menu.) Assuming 2010 tax rates are 15% on capital gain and 15% on dividends, if you sell the stock or wait and receive the dividend, you have different after-tax income. b. Assuming the capital gains tax rate is 21% and the dividend tax rate is 42%, if you sell the stock or wait and receive the…