Lafayette inc follows a residual dividend policy lafayette, Ask an Expert

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Lafayette, Inc. follows a residual dividend policy. Lafayette, Inc. will have $750,000 in profits this year. It is accepting five positive net present value projects for a total cost of $450,000. How much will Lafayette, Inc. pay out to its shareholders this year?

$300,000

$1,250,000

$450,000

$750,000

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92382043

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