1 barry modin bought 590 of gingridge llc at a price of, Ask an Expert

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1. Barry Modin bought 590 of Gingridge LLC at a price of $41.45 about 5 years ago that sell for $68.75 per share today. Barry pays capital gains tax at the rate of 16%, and pays tax on dividends at the rate of 31%.

2. Suppose the Gingridge pays a dividend per share of $3.75. How much of the total dividend paid by company to Barry will he get to keep? $

Place your answer in dollars and cents without a comma or dollar sign.

3. Why subtract g (the growth rate of dividends) from rs (the required return) in a Gordon Growth model?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92747970

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