FIN 534 RANK Imagine Your Future /fin534rank.com FIN 534 RANK Imagine Your Future /fin534rank.com | Page 18

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Question 5
Which of the following statements is correct?
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Question 6
Which of the following statements is NOT correct?
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Question 7
Which of the following statements is correct?
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Question 8
The capital budget of Creative Ventures Inc. is $1,000,000. The
company wants to maintain a target capital structure that is 30% debt
and 70% equity. The company forecasts that its net income this year will
be $800,000. If the company follows a residual dividend policy, what
will be its total dividend payment?
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Question 9