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Business, 26.06.2019 05:10 189652

The projected capital budget of kandell corporation is $1,000,000, its target capital structure is 60% debt and 40% equity, and its forecasted net income is $550,000. if the company follows a residual dividend policy, what total dividends, if any, will it pay out? a. $122,176b. $128,606c. $135,375d. $142,500e. $150,000

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