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The Following Facts Apply to Your Company: Based on the Residual

Question 84

Multiple Choice

The following facts apply to your company: The following facts apply to your company: Based on the residual dividend policy,the payout ratio is 60 percent.How large (in millions of dollars) will the capital budget be? A) $43.2 B) $50.0 C) $64.8 D) $86.4 E) $108.0 Based on the residual dividend policy,the payout ratio is 60 percent.How large (in millions of dollars) will the capital budget be?


A) $43.2
B) $50.0
C) $64.8
D) $86.4
E) $108.0

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