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Given the following data with dollars in thousands. Using the residual dividend model, what will this company's dividend payout ratio be? Capital budget $5,000 Target
Given the following data with dollars in thousands. Using the residual dividend model, what will this company's dividend payout ratio be? Capital budget $5,000 Target capital structure % Debt Financing: 45% % Equity Financing: 55% Net income (NI) $5,300
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A) 50.52%
B) 48.11%
C) 55.57%
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