Pulisic Corp. is forecasting an EPS of $5.50 for the coming year on its 1,000,000...
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Pulisic Corp. is forecasting an EPS of $5.50 for the coming year on its 1,000,000 outstanding shares of stock. Its capital budget is forecasted at $4,500,000, and it is committed to maintaining a $0.75 QUARTERLY dividend per share. It finances with debt and common equity, but it wants to avoid issuing any new common stock during the coming year. Given these constraints, what percentage of the capital budget must be financed with debt? 40.63% 0 37.50% O 39.54% 44,44% 0 33.54%
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