Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

Suppose that a firm has a retention rate of 45 percent, net income of $18 million, and 88 million shares outstanding. What would be the dividend per

Suppose that a firm has a retention rate of 45 percent, net income of $18 million, and 88 million shares outstanding. What would be the dividend per share paid out on the company's stock?

 A. $0.1252

 B. $0.1315

 C. $0.1175

 D. $0.1125

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question