Kahn inc. has a target capital structure of 7044 common equity and 30% debt to fund its 512 billion in operating assets. Furthermore, Kahn Inc. has a Wacc of 16%, a beforetax cost of debt of 11% f, and a tax rate of 25%. The company's retained eamings are adeguate to provide the common equity portion of its capital budget. Its expected dividend next year (D1) is $2, and the current stock peice is $25. a. What is the company's expected prowth rate? Do not roond intermedlate calculations. Round your anser to two docimal places. b. If the firm's net income is expected to be $1.7 bilion, what portion of its net income is the firm expected to pay cut as dividends? Do not round intermediate calculations. Round your arswer to two decimal places. (hint: Atefer to Equation below.) Gronthrate (1 - Payout ratiok ) ot