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QUESTION 7 6.67 points A company's projected capital budget is $1,000,000, its target capital structure...

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QUESTION 7 6.67 points A company's projected capital budget is $1,000,000, its target capital structure is 50% debt and 50% equity, and its forecasted net income is $700,000. If the company follows a residual dividend policy, what total dividends, if any, will it pay out and what is the payout ratio? 300,000; 42.86% O 250,000; 35.71% 100,000: 14.29% O 200,000; 28.57% 150,000; 21.43%

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