Question: QUESTION 5 Computer Inc. projects the following data for the coming year. If the firm follows the residual dividend model and also maintains its target
QUESTION 5 Computer Inc. projects the following data for the coming year. If the firm follows the residual dividend model and also maintains its target capital structure, what will its dividend payout ratio be? EBIT $2,000,000 Interest rate 12% Debt outstanding $5,000,000 Shares outstanding 5,000,000 Capital budget $850,000 % Debt 45% % Equity 55% Tax rate 40% TTT Arial 3 (12pt) T E 5.02 words Patho
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