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20 ABC has capital budget of 8950,000, it wants to maintain a target capital structure of 35% debt and 65% equity, and it also wants

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20 ABC has capital budget of 8950,000, it wants to maintain a target capital structure of 35% debt and 65% equity, and it also wants to pay a dedores. In the company follows the residual dividend model, how much net income must it earn to meet its capital budgeting mens and the dividend, all while keeping its capital structure in balance? Sector 250 57

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