Examlex
Suppose a firm has a retention ratio of 10 percent, net income of $40 million, and 4 million shares outstanding. What would be the dividend per share paid out on the firm's stock?
Normal Model
A normal model is a statistical distribution that is symmetric, bell-shaped, and describes how different variables are distributed, assuming that most occurrences take place around the mean.
Probability
A measure quantifying the likelihood that a specific event will occur, typically expressed as a number between 0 and 1.
Uniform Density
A measure indicating that mass is evenly distributed throughout a substance or object, so each unit volume has identical mass.
Probability
Probability refers to the measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
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