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According to the residual dividend model, what would a company do if its net income is less than its financing needs for planned projects?

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According to the residual dividend model, what would a company do if its net income is less than its financing needs for planned projects? O a.) Distribute no cash dividends b.) Set a target payout ratio c.) Determine if investors prefer cash of stock dividends d.) Distribute the same dividend as in the past, for the sake of consistency

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