The beginning stock price was 10 per share and there were, Financial Management

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The beginning stock price was 10 per share and there were

A company has net income of $168,656 and paid dividends of $26,622 during the last year. The beginning stock price was $10 per share and there were 100,000 shares outstanding. What was their dividend payout ratio? Express your answer as a percentage with one place to the right of the decimal and no percentage sign (XX.X).

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Financial Management: The beginning stock price was 10 per share and there were

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