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ABC Company had a net income of $ 1 0 0 , 0 0 0 and paid $ 2 5 , 0 0 0 in

ABC Company had a net income of $100,000 and paid $25,000 in dividends to common stockholders and $20,000 to preferred stockholders in 2025. The company's common stockholders' equity at the beginning and end of 2025 was $450,000 and $550,000, respectively. Calculate the return on common stockholders' equity for 2025.
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