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Company Z is considering whether to pay dividends or reinvest earnings for growth. The company's net income is $10 million, and it has 2 million

  • Company Z is considering whether to pay dividends or reinvest earnings for growth. The company's net income is $10 million, and it has 2 million shares outstanding. Calculate the dividend per share if the company decides to distribute 40% of its earnings as dividends.

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