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A company has total earnings after tax this quarter of $300,000.40% will be * 1 point retained eamings, adding to capital, and 60% paid out

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A company has total earnings after tax this quarter of $300,000.40% will be * 1 point retained eamings, adding to capital, and 60% paid out as a dividend to shareholders. There are 100,000 dividend-receiving shares. The Board will declare a dividend of: $0.45 $3,99 $1,80 $1,59

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