What is the breakpoint on the mcc
Question: Your company is expected to earn $4.0 million in net income next year of which it will pay out 40% in dividends. If equity represents 50% of your capital, what is the breakpoint on the MCC where new stock will have to be issued?
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If equity represents 50% of your capital, what is the breakpoint on the MCC where new stock will have to be issued?
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