Use the Table for the Question(s) Below

question 74

Multiple Choice

Use the table for the question(s) below.
Consider the following top federal tax rates in the United States:
Personal Tax Rates

-Assuming an average dividend payout ratio of 50%,the effective tax rate for equity holders was closest to:

• A) 69%
• B) 65%
• C) 29%
• D) 15%

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