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Moon and Sons Inc. earned $205 million last year and retained$100 million.What is the payout ratio? (Do not round intermediatecalculations. Input your answer as a

Moon and Sons Inc. earned $205 million last year and retained$100 million.What is the payout ratio? (Do not round intermediatecalculations. Input your answer as a percent rounded to 2 decimalplace 2 answers

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