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3.Maxwell Corp expects to have a capital budget of $200,000 next year. The company wants to maintain a target capital structure with 40% debt and
3.Maxwell Corp expects to have a capital budget of $200,000 next year. The company wants to maintain a target capital structure with 40% debt and 60% equity, and its forecasted net income is $200,000. If the company follows the residual dividend policy, how much in dividends, if any, will it pay?
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