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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? Capital budget $7,500 % Debt 40% Net income (NI) $7,500 46.80% 30.00% 43.20% 32.00% 40.00%
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New Orleans Builders Inc. has the following data. If it follows the residual dividend model, what is...
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