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The charter of a corporation provides for the issuance of 109,129 shares of common stock. Assume that 44,972 shares were originally issued and 3,978 were
The charter of a corporation provides for the issuance of 109,129 shares of common stock. Assume that 44,972 shares were originally issued and 3,978 were subsequently reacquired. What is the amount of cash dividends to be paid if a $4 per share dividend is declared?
a.$436,516
b.$163,976
c.$179,888
d.$15,912
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