in 2015, Seaworthy Dingy's earnings are expected to be $14.4 million, and the firm expects to have profitable investment opportunities of $8.4 million. Last year the company paid dividends equal $9 million. It is predicted that Seaworthy will grow at a constant 5 percent in the future. What will be Seaworthys total dividends for 2015 if it follows a) a policy that requires dividends to grow at the long-run growth rate in earnings and B) a pure residual dividend policy. Seaworthy's target debt/assets ratio is 40 percent. Please explain answer.