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A company has total earnings after tax this quarter of $300,000. 40% will be retained earnings, adding to capital, and 60% paid out as

 

A company has total earnings after tax this quarter of $300,000. 40% will be retained earnings, adding to capital, and 60% paid out as a dividend to shareholders. There are 100,000 dividend-receiving shares. The Board will declare a dividend of: O $1,80 $0.45 $3,99 O $1,59

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