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Business, 16.01.2020 02:31 meKaya

Rohter galeano inc. is considering how to set its dividend policy. it has a capital budget of $3,000,000. the company wants to maintain a target capital structure that is 15% debt and 85% equity. the company forecasts that its net income this year will be $3,500,000. if the company follows a residual dividend policy, what will be its total dividend payment? $205,000 $500,000 $950,000 $2,550,000 $3,050,000

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