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The capital budget of Creative Ventures Inc. is $ 133796. The company wants to maintain a target capital structure that is 31 (%) debt and

The capital budget of Creative Ventures Inc. is $ 133796. The company wants to maintain a target

capital structure that is 31 (%) debt and 54 (%) equity, and the rest will be preferred stock. The company forecasts that its net income this year will be $338219. If the company follows a residual dividend policy, what will be its total dividend payment?

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