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me Left:0:28:01 Phil Okonobo: Attempt 1 Question 6 (4 points) Fannie Mae Corporation had net income of $280,000 and paid dividends of $50,000 to common

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me Left:0:28:01 Phil Okonobo: Attempt 1 Question 6 (4 points) Fannie Mae Corporation had net income of $280,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2020. Fannie Mae Corporation's common stockholders' equity at the beginning and end of 2020 was $870,000 and $1,130,000, respectively. Fannie Mae Corporation's payout ratio for 2020 was ( a) 17.9%. O b) 19.3%. 0 15.6%

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