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Use the following information to answer the question(s) below.
Suppose that all capital gains are taxed at a 20% rate,and that the dividend tax rate is 40%.Rearden Metal is currently trading for $40 per share,and is about to pay a $5 special dividend.
-Absent any other trading frictions or news,Rearden's share price just after the dividend is paid will be closest to:
Ethical Guidelines
Rules designed to address the conduct and decision-making of individuals and organizations, focusing on principles like fairness, respect, and integrity.
Voluntary Participation
The principle that participants in research or activities choose to partake of their own free will, without coercion or undue influence.
Ethical Principle
Fundamental guidelines or rules that are adopted and followed by individuals or societies to determine what behaviors are considered right, wrong, good, or bad.
Anecdotal Evidence
Evidence based on personal accounts, observations, or stories, which may not be scientifically proven or reliable.
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