Cant dividend payout ratio policy) The Blunt Trucking Company needs to to transport military equipment from manufacturing facilities scattered to be $10 million. Blunt maintains a 30 percent debt ratio and pays out gand its fleet by 40 percent to meet the demands of two major contracts it just across the U stimated alercent of its earnings in common stock dividends each year a. If Blunt earns $4 million in 2015, how much common stock will the firm need to sell in order to maintain its target capital structure? b. If Blunt wants to avoid selling any new stock but wants to maintain a constant dividend payout percentage of 50 percent, how much can the firm spend on new capital expenditures? 13-10. (Constant dollar dividend payout policy) Parker Prints is in negotiation with two ,- .. alec dramatically, The increase will