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Grandin Inc. is evaluating its dividend policy. The company forecasts earnings of $475,000 and will payout $225,000 as dividends. What is its forecasted dividend payout

Grandin Inc. is evaluating its dividend policy. The company forecasts earnings of $475,000 and will payout $225,000 as dividends. What is its forecasted dividend payout ratio? 47.37% 40.61% 45.00% 49.74% 42.75%

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