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Your company expects profits to be close to $4,000,000. The Board has instructed you to increase retained earnings by approximately $2,000,000. What dividend amount, per

Your company expects profits to be close to $4,000,000. The Board has instructed you to increase retained earnings by approximately $2,000,000. What dividend amount, per share, will you pay this year? What is the formula to calculate this answer?

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