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NEW QUESTION: 1
A. Option A
B. Option C
C. Option B
D. Option D
This can be seen from the "show crypto isa sa" command:
NEW QUESTION: 2
Which event occurs most frequently in money laundering in the insurance industry?
A. Failing to take advantage of the free-look period
B. Purchasing full-term insurance bonds
C. Getting a reimbursement from an overfunded policy
D. Redeeming a policy at the end of its term
NEW QUESTION: 3
Strategic Systems Inc. expects to have net income of $800,000 during the next year. Its target, and current, capital structure is 40 percent debt and 60 percent common equity. The Director of Capital Budgeting has determined that the optimal capital budget for next year is $1.2 million. If Strategic uses the residual dividend model to determine next year's dividend payout, what is the expected dividend payout ratio?
Equity requirement = 0.6($1,200,000) = $720,000.
Available for dividends$80,000
Payout ratio = $80,000/$800,000 = 0.10 = 10%.