Solutions of financial management 11e by titman chapter16
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Alternative #1
Alternative #2
1500000
1500000
$1,200,000
1250000
1250000
1000000
1000000
750000
750000
$760,000
$600,000
500000
250000
500000
$200,000
0
0
Dividends
Liquidation Dividends
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250000
Dividends
Liquidation Dividends
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