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Netpass Company has 900,000 shares of common stock authorized, 720,000 shares issued, and 360,000 shares of treasury stock. The companys board of directors declares a

Netpass Company has 900,000 shares of common stock authorized, 720,000 shares issued, and 360,000 shares of treasury stock. The companys board of directors declares a dividend of $0.80 per share of common stock. What is the total amount of the dividend that will be paid?

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