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Consider the hypothetical firm with the 5 0 % Debt capital structure shown in The Debt Policy and Value case ( Handout # 1 8

Consider the hypothetical firm with the 50% Debt capital structure shown in The Debt Policy and Value case (Handout #18).
In Table 4, what is the Dividend per Share for the firm with the 50% Debt capital structure, assuming the capital raised by the bond issue is all paid out to shareholders? (Show your answer rounded to two decimal places, e.g.4.57)
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