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Business, 05.07.2019 21:30 mckinleesmomp6qj1e

As a financial manager for willpower, inc, you have the following information: a) the company follows a residual dividend policy; b) the total capital budget for next year is likely to be $5,000,000; c) the forecasted level of earnings next year is $8,000,000; d) the target or optimal capital structure is a debt ratio of 50%; . what will be the amount funded with equity for the project?

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