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Suppose a firm pays total dividends of $410,000 out of net income of $3.6 million. What would the firm's payout ratio be? 1.14 8.780 .41

Suppose a firm pays total dividends of $410,000 out of net income of $3.6 million. What would the firm's payout ratio be?

1.14

8.780

.41

.114

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