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Question 52 Unsaved Company JC Electronics had a net income of $2,000,000 this year. Next year's total capital budget is $2,600,000. If the target capital

Question 52 Unsaved Company JC Electronics had a net income of $2,000,000 this year. Next year's total capital budget is $2,600,000. If the target capital structure is 40% debt and the rest equity, what will be this year's dividend payout ratio?

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