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Jaguar Inc. maintains a debt-equity ratio of .60 and follows a residual dividend policy. The company has aftertax earnings of $3,100 for the year and

Jaguar Inc. maintains a debt-equity ratio of .60 and follows a residual dividend policy. The company has aftertax earnings of $3,100 for the year and needs $3,000 for new investments. What is the total amount Jaguar will pay out in dividends for this year? A. $0 B. $1,125 C. $1,225 D. $1,875

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