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Please explain how I should approach this question ( below ) in order to answer it. Also, explain all terms used (retain/payout, dividend /repurchase practices,

Please explain how I should approach this question (below) in order to answer it. Also, explain all terms used (retain/payout, dividend /repurchase practices, industry average, and etc.)?

Question 132. Review the companys retain /payout, dividend/repurchase practices. Compare the companys policy with the comparable companys retain/payout, dividend / repurchase practices (or the industry average).

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