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Question 12 1 pts Say we have a company that has 858,896 shares outstanding. Management decides to buy back 20,770 shares for $34.31. If

  

Question 12 1 pts Say we have a company that has 858,896 shares outstanding. Management decides to buy back 20,770 shares for $34.31. If the dividend is 76 cents per share, what is the equity payout in dollars?

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