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Jp company is financed 75 by equity and 25 by debt if the

JP company is financed 75% by equity and 25% by debt. if the firm expect to earn 30 million in net income next year and retain 40% of it, how large can the capital budget be before common stock must be sold ? 15.5 million 7.5 million 16.0 million 12.0 million

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Financial Management: Jp company is financed 75 by equity and 25 by debt if the

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Financial Management: Jp company is financed 75 by equity and 25 by debt if the

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