Mountain Rail has a net profit of $750 million. It has 600 million shares outstanding and pays

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Mountain Rail has a net profit of $750 million. It has 600 million shares outstanding and pays annual dividends of $1.1 per share. What is the dividend payout ratio?

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Aug 30, 2022 05:37 AM

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Mountain Rail has a net profit of $750 million. It has 600 million shares outstanding and pays

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Fundamentals Of Investing

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