Assume that the personal tax rate on interest income is 15% and the personal tax rate on dividends is 10%. Assume also t

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Assume that the personal tax rate on interest income is 15% andthe personal tax rate ondividends is 10%. Assume also that the Company generates EBIT equalto 5 euros anddistributes 40% of these earnings (payout ratio = 40%) to itsshareholders. What is the netincome that the shareholder receives after taxes? Coporate tax=22%a) 3.51b) 1.40c) 1.78d) None of the above.