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Knox Inc. maintains a debt - equity ratio of 0 . 5 0 and follows a residual dividend policy. The company has after - tax
Knox Inc. maintains a debtequity ratio of and follows a residual dividend policy. The company has aftertax earnings of $ for the year and has capital requirements of $ for the new project. What is the total amount of money available for the firm to pay out in dividends this year?
$
$
$
$
$
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