Compute K_e and K_n under the following circumstances:

a. D₁ = $8.60, P₀ = $84, g = 5%, F = $5.00. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Ke		%
Kn		%

b. D₁ = $.24, P₀ = $48, g = 4%, F = $4.00. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Ke		%
Kn		%

c. E₁ (earnings at the end of period one) = $14, payout ratio equals 20 percent, P₀ = $48, g = 4.5%, F = $2.50. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Ke		%
Kn		%

d. D₀ (dividend at the beginning of the first period) = $2, growth rate for dividends and earnings (g) = 3%, P₀ = $74, F = $2. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Ke		%
Kn		%