3 A firm with both bonds and common equity, but does not wish to issue...

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3 A firm with both bonds and common equity, but does not wish to issue any new common stock during the coming year t yet market conditions. It the dividend at the constraints and the following information, what percentage of the capital budget must be financed with debt? nts out of Projected capital budget Common shares outstanding Nominal cost of debt State + federal tax rate Projected dividend per share Projected EPS $800,000 00,000 10.00% 25% 2.00 $3.00 ParagraphBIE E O Type here to search

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