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below: ProjectH(Highrisk):ProjectM(Mediumrisk):ProjectL(Lowrisk):Costofcapital=16%Costofcapital=13%Costofcapital=7%IRR=22%IRR=12%IRR=10% Open spreadsheet If Walsh establishes its dividends from the residual dividend model, what will be its payout ratio? Round your answer to two

image text in transcribed below: ProjectH(Highrisk):ProjectM(Mediumrisk):ProjectL(Lowrisk):Costofcapital=16%Costofcapital=13%Costofcapital=7%IRR=22%IRR=12%IRR=10% Open spreadsheet If Walsh establishes its dividends from the residual dividend model, what will be its payout ratio? Round your answer to two decimal places. %

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