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Chicago Brewing has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout ratio be? Capital budget

Chicago Brewing has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout ratio be? Capital budget $5,700 % Debt 45% Net income (NI) $3,300 Select one: a. 3.95% b. 5.00% c. 5.90% d. 5.35% e. 5.55%

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