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Netpass Company has 50,000 shares of common stock authorized, 47,500 shares issued, and 20,000 shares of treasury stock. The company's board of directors declares
Netpass Company has 50,000 shares of common stock authorized, 47,500 shares issued, and 20,000 shares of treasury stock. The company's board of directors declares a dividend of $1.20 per share of common stock. What is the total amount of the dividend that will be paid? Dividend Amount to be Paid
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