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Compute Ke and Kn under the following circumstances: E1 (earnings at the end of period one) = $10, payout ratio equals 35 percent, P0 =

Compute Ke and Kn under the following circumstances:

E1 (earnings at the end of period one) = $10, payout ratio equals 35 percent, P0 = $39, g = 5.6%, F = $2.60. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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