43. Portland Plastics Inc, has the following data.I it follows the residual dividend mode, what is its forecasted dividend payout ratio? Capital budget % Debt Net income (NI) $12,000 40% $13,600 a. 51.29% b. 37.18% C. 48.47% d. 47.06% e. 45.18% 44. Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $100 per share. If the firm's total market value is unchanged by the split, what will the stock price be following the split? a.$35.71 b.$28.57 c. $28.86 d.$26.29 e.$25.43 45. Select one answer that applies to you. a. I expect a good grade because I have studied hard and know almost everything in the exam. b. Finance is difficult because it is taught in English and is mathematics-oriented c. Professor Loh's class is difficult to follow; no idea what he talks about. d. Education is only an excuse for me to be on vacation. e. I am happy that this is the last question; I will come back next semester to repeat the course