Question: Polycom Systems earned $ 5 5 6 million last year and paid out 2 9 percent of earnings in dividends. By how much did the

Polycom Systems earned $556 million last year and paid out 29 percent of earnings in dividends.
By how much did the companys retained earnings increase?
Note: Do not round intermediate calculations. Input your answer in dollars, not millions (e.g., $1,234,000).
With 100 million shares outstanding and a stock price of $110, what was the dividend yield? (Hint: First compute dividends per share.)
Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.

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