PleaseBecause of its excess funds, Cold Duck is thinking about raising its dividend payout ratio to satisfy shareholders. What percentage of its earnings can Cold Duck pay to shareholders without needing to raise any external capital? $($Hint: What can Cold Duck increase its dividend payout ratio to before the AFN becomes positive?$)$

$62\mathrm{.}0\%$

$88\mathrm{.}5\%$

$79\mathrm{.}7\%$

$84\mathrm{.}1\%$