17. Compute K, and K,, under the following circumstances: 4. D = $5.00./ = $70. g = M. F = $7.00 P 8%. b. D-$0.22, P, = $28. g = 75. F - $2.50. E, (earnings at the end of period 10 = $7, payout ratio equals 40 percent, P = $30, g = 6,0%, F = $2.20. d. D, (dividend at the beginning of the first period) = S6, growth rate for divi- dends and earnings (g) = 75, P. = $60, F = $3.

17. Compute Ke and Kn under the following circumstances: a. D1=$5.00,P0=$70,g=8%,F=$7.00. b. D1=$0.22,P0=$28,g=7%,F=$2.50. c. E1 (earnings at the end of period 1)=$7, payout ratio equals 40 percent, P0=$30,g=6.0%,F=$2.20. d. D0 (dividend at the beginning of the first period) =$6, growth rate for divi dends and earnings (g)=7%,P0=$60,F=$3