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Graph the function.
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Residual Dividend Policy
A strategy whereby companies pay dividends from the residual or leftover equity only after all project capital needs are met.
Dividend Payout Ratio
The fraction of net income a firm pays to its shareholders in dividends, expressed as a percentage of the company's total net income.
Capital Budgeting
The process of evaluating and selecting long-term investments that are consistent with the firm's goal of wealth maximization.
Record Date
The date set by a company on which you must be on the company's books as a shareholder to receive a declared dividend or participate in corporate actions.
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