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  3. Study Set
    Principles of Managerial Finance
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    Exam 14: Payout Policy
  5. Question
    Under the Jobs and Growth Tax Relief Reconciliation Act of 2003
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Under the Jobs and Growth Tax Relief Reconciliation Act of 2003

Question 8

Question 8

Multiple Choice

Under the Jobs and Growth Tax Relief Reconciliation Act of 2003, the maximum rate of taxation on dividends received by shareholders was set at


A) 18%.
B) 20%.
C) 25%.
D) none of the above.

Correct Answer:

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