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x 20 ABC Inc. has the following data. If it follows the residual dividend model, what is its forecasted dividend payout ratio? $7,000 4096 out

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x 20 ABC Inc. has the following data. If it follows the residual dividend model, what is its forecasted dividend payout ratio? $7,000 4096 out of Capital budget Debt Net income (ND $7,000 Select one: a. 49.20% b. 37.20% C. 31.60% d. 39.60% e. 40.00%

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