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Sun Power Corp. s projected capital budget is $ 2 , 0 0 0 , 0 0 0 , its target capital structure is 4

Sun Power Corp.s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecasted net income is $1,500,000. If the company follows a residual dividend policy, what is the amount of dividends it can pay out, if any? $ Answer

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