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9. (6 points) Dividends Suppose a firm has a retention ratio of 75 percent, net income of $8 million, and 4 million shares outstanding.
9. (6 points) Dividends Suppose a firm has a retention ratio of 75 percent, net income of $8 million, and 4 million shares outstanding. What would be the dividend per share paid out on the firm's stock?
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
