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ment1 - Word Search Mailings Review View Help Victor Rumsfeld Inc.'s dividend policy is under review by its board. Its projected capital budget is $2,000,000,

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ment1 - Word Search Mailings Review View Help Victor Rumsfeld Inc.'s dividend policy is under review by its board. Its projected capital budget is $2,000,000, its target capital structure is 60% debt and 40% equity, and its forecasted net income is $400,000. If the company follows a residual dividend policy, what total dividends, if any, will it pay out? Select the correct answer. a. $4,830 b. $3,220 c. $6,440 d. $1,610 e. $0

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