BH Mining declared a 80 per cent partly franked dividend of $0.70 per share. The...
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Accounting
BH Mining declared a 80 per cent partly franked dividend of $0.70 per share. The company pays a corporate tax rate of 30 per cent. If a shareholder holds 100 shares of BH Mining and the shareholder's marginal tax rate is 39 per cent, the tax payable by the shareholder is $__________
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