Given the data for Capstone Marketing Group in Problem 19.32, what would Capstones payout ratio have to

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Given the data for Capstone Marketing Group in Problem 19.32, what would Capstone’s payout ratio have to be in order for the firm’s EFN to be zero?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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