Dentaltech Inc. projects the following data for the coming year. If the firm follows the residual dividend model and also maintains its target capital structure, what will its dividend payout ratio be? $1,325,000 40% EBIT Interest rate Debt outstanding Shares outstanding O a. 49.8% $2,600,000 10% $4,900,000 5,000,000 Capital budget % Debt % Equity Tax rate 60% 25% b. 39.4% O c. 27.9% d. 44.6% e. 36.8% Dentaltech Inc. projects the following data for the coming year. If the firm follows the residual dividend model and also maintains its target capital structure, what will its dividend payout ratio be? $1,325,000 40% EBIT Interest rate Debt outstanding Shares outstanding O a. 49.8% $2,600,000 10% $4,900,000 5,000,000 Capital budget % Debt % Equity Tax rate 60% 25% b. 39.4% O c. 27.9% d. 44.6% e. 36.8%