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Crickentree has a target capital structure of 30 percent debt and 70 percent equity. If the firm expects to have a net income of $1.7
Crickentree has a target capital structure of 30 percent debt and 70 percent equity. If the firm expects to have a net income of $1.7 million and a dividend payout ratio of 40 percent, what will be its internal equity break point?
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