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5. A firm is expected to have a $100,000 net income and follows the residual model to distribute dividends. When the firm's payout ratio is

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5. A firm is expected to have a $100,000 net income and follows the residual model to distribute dividends. When the firm's payout ratio is 34%, find the firm's capital budget assuming that the firm's target capital structure is 25% debt and 75% equity

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