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9. Clark Farms Inc. has the following data, and it follows the residual dividend policy. Currently, it finances with 15% debt. Find the dividend payout
9. Clark Farms Inc. has the following data, and it follows the residual dividend policy. Currently, it finances with 15% debt. Find the dividend payout using the residual dividend policy. Capital budget $3,000,000 Net income (NI) $3,500,000
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