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Silvana Inc. projects the following data for the coming year. If the firm follows the residual dividend policy and also maintains its target capital structure,

Silvana Inc. projects the following data for the coming year. If the firm follows the residual dividend policy and also maintains its target capital structure, what will its payout ratio be? b. 49.3% C. 57.4% d. 46.9% e. 54.7%

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