Question: Exercise 2 (Dividends and Dividend Policy) The target capital structure of the IGF Company is 0.25 and the net income is $18.5 million. The company

Exercise 2 (Dividends and Dividend Policy) The target capital structure of the IGF Company is 0.25 and the net income is $18.5 million. The company needs a new investment on fixed assets equals $20 million. Compute the dividends under a residual dividend policy

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