$ Dividends, adapted from Ross 10CE, Chapter 2. Question 26 Dividend 20,000 Interest Combined Marginal...

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$ Dividends, adapted from Ross 10CE, Chapter 2. Question 26 Dividend 20,000 Interest Combined Marginal Rate (Table 2.6) 31.71% Federal Tax Tax Payable $6.342 Prov. Tax (10%) Tax Payable $20,000 5.800 2.000 $7.800 Realized Capital Gain ####### Fed. Tax (1/2 x 29% 2.900 Prov. Tax (1/2 x 10% 1.000 Tax Payable $3.900 After tax cash flow to investor 13,658 $ 12.200

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