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

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?
  • 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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