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New Orleans Builders Inc. has the following data. If it follows the residual dividend model, what is its forecasted dividend payout ratio? $6,000 Capital budget

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New Orleans Builders Inc. has the following data. If it follows the residual dividend model, what is its forecasted dividend payout ratio? $6,000 Capital budget % Debt 35% Net income (NI) $17,000 a. 67.81% b. 84.76% c. 64.73% d. 77.06% e. 76.29%

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