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Bavarian Brewhouse had aftertax earnings of $1,500,000 in 2004 . The company needs $2,500,000 for new investments and plans to finance 60% of those investments

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Bavarian Brewhouse had aftertax earnings of $1,500,000 in 2004 . The company needs $2,500,000 for new investments and plans to finance 60% of those investments with debt. If Bavarian Brew follows a residual dividend policy, what total dividend will be paid? $1,500,000$2,500,000$500,000$1,250,000$1,000,000

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