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A firm has a dividend policy based on target: it pays - out the lowest of 5 5 % of net earnings per share and
A firm has a dividend policy based on target: it paysout the lowest of of net earnings per share and $ per share. For the net earnings are expected at $ mio. There are mio shares outstanding. The dividend per share to be expected will be:
A $
B $ x
C $
D $ x
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