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Cole Company has 302,000 shares of common stock authorized, 251,000 shares issued, and 61,000 shares of treasury stock. The company's board of directors has declared

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Cole Company has 302,000 shares of common stock authorized, 251,000 shares issued, and 61,000 shares of treasury stock. The company's board of directors has declared a dividend of 84 cents per share. What is the total amount of the dividend that will be paid

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