Question
Lucky Corp had net income of $4.41/share last year, and it paid $1.87/share in dividends last year. What was its Dividend Payout Ratio last year?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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