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QUESTION 10 Portland Plastics Inc. has the following data. If it follows the residual dividend model, what is its forecasted dividend payout ratio? Capital budget

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QUESTION 10 Portland Plastics Inc. has the following data. If it follows the residual dividend model, what is its forecasted dividend payout ratio? Capital budget $12,000 96 Debt 4096 Net income (NI) $13,600 51.2996 37.1896 48.4796 47.0696 45.1896

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