Casper co has a capital budget of 10000000 if the company


Casper Co. has a capital budget of $10,000,000. The company wants to maintain a target capital structure that is 25% debt and 75% equity. The company forecasts that its net income this year will be $9,500,000. If the company follows a residual dividend policy, what will be its total dividend payment, if any?

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Financial Management: Casper co has a capital budget of 10000000 if the company
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