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If a company has net income of $2,000,000 and pays $500,000 in dividends and has a price of $25 with 1,000,000 shares outstanding, what is

If a company has net income of $2,000,000 and pays $500,000 in dividends and has a price of $25 with 1,000,000 shares outstanding, what is the dividend payout ratio

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