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Amco Ltd reports an income of $3.5 million. It has 1.5 millionshares outstanding and is currently selling at $38 per share. Ifthe firm practices a

Amco Ltd reports an income of $3.5 million. It has 1.5 millionshares outstanding and is currently selling at $38 per share. Ifthe firm practices a 50% dividend payout policy, what is thelong-term s 2 answers

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