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Lat year the Bulls Business Bureau retained $400,000 of the 1 million net income it generated. This year BBB generated net income equal to $1.2

Lat year the Bulls Business Bureau retained $400,000 of the 1 million net income it generated. This year BBB generated net income equal to $1.2 million. If BBB follws the constant payout ratio dividend policy, how much should be paid in dividends this year?

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