Owala Ltd . follows a residual dividend policy and maintains a constant debt - equity ratio. There
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Question:
Owala Ltd follows a residual dividend policy and maintains a constant debtequity ratio. There are
shares of stock outstanding at a market price of $ a share. There are bonds outstanding,
which are selling at of their $ par value. The projected spending on capital projects is
$ for next year. Earnings for next year are estimated at $ What is the projected
dividend amount per share? Please round weights to decimals
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