A company plans to retain $100 million in earnings for a year. It wants to maintain...

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A company plans to retain $100 million in earnings for a year. It wants to maintain its capital structure at 51% common equity. How large must its capital budget be before it must issue new common stock? A company plans to retain $100 million in earnings for a year. It wants to maintain its capital structure at 51% common equity. How large must its capital budget be before it must issue new common stock?