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Company A has a retention rate of 35 percent, net income of $16 million, and 75 million shares outstanding. What would be the dividend per

Company A has a retention rate of 35 percent, net income of $16 million, and 75 million shares outstanding. What would be the dividend per share paid out on the company's stock?

A. 0.750

B. 0.07

C. 0.14

D. 0.17

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