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By how much did the company retained earnings increase

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Reference no: EM133125739

Question - Polycom Systems earned $574 million last year and paid out 24 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 $117, what was the dividend yield? (Hint: First compute dividends per share.)

Reference no: EM133125739

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