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Helicopter Inc. currently has 600,000 shares outstanding and the management of the firm would like to keep a target debt-equity ratio of 2/3. The firm

Helicopter Inc. currently has 600,000 shares outstanding and the management of the firm would like to keep a target debt-equity ratio of 2/3. The firm expects to have an earnings of $2.50 per share in 2020 and keep their current residual dividend policy. Assuming that the firm issues no new equity, how much can it allocate as investment funds?

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