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A shareholder who holds 100,000 shares of 50 butts each is given a dividend of 10 ...

A shareholder who holds 100,000 shares of 50 butts each is given a dividend of 10 percent less 2 percent tax. What is his net return?
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  • A D10,000.00
  • B 9,800.00
  • C D5,000.00
  • D D4,900.00
Correct Answer: Option C
Explanation:

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