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Polycom systems earned 553 million last year and paid out

Polycom Systems earned $553 million last year and paid out 25 percent of earnings in dividends.

a. By how much did the company's retained earnings increase?

b. With 100 million shares outstanding and a stock price of $101, what was the dividend yield? (Hint: First compute dividends per share.)

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Finance Basics: Polycom systems earned 553 million last year and paid out

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Finance Basics: Polycom systems earned 553 million last year and paid out

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