Justify your conclusions. Assuming the same investment patterns as in Part 4
. Justify your conclusions. Assuming the same investment patterns as in Part 4, what will be the dividends and the external financing required, if the dividend per share payout ratio of 50% is maintained? Explain your answers. Assuming the same investment patterns as in Part 4, if the dividend policy is considered a residual decision, what will be the dividends and external financing requirement in each year? Explain your answers. Under which policy will external financing be minimized? Justify your conclusions. Present your analysis of the assigned problems in Excel format (Module 3 Assignment 2 template). Enter non-numerical responses in the same worksheet using text boxes.
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