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Evil Corporation has net income of $10 million in 2019 and $15 million in 2020. They follow a stable dividend policy with a target dividend
Evil Corporation has net income of $10 million in 2019 and $15 million in 2020. They follow a stable dividend policy with a target dividend payout of 25% and an adjustment factor of 0.3. How much should the company increase their dividends in 2020?
$60,000 | ||
$375,000 | ||
$5 million | ||
$1.25 million |
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