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Kahn Inc. has a target captial structure of 6 5 % common equity and 3 5 % debt to fund its $ 1 0 billion
Kahn Inc. has a target captial structure of common equity and debt to fund its $ billion in operating assets. Futhermore, Kahn Inc, has a WACC of a beforetax cost of debt of and a tax rate of The company's retained earnings are adequate to provide the common equity portion of its captial budget. Its expected divident next year D is $ and the current stock price is $ a What is the company's expected growth rate? Do not round intermediate calculations. Round answer to two decimals. B If the firm's net income is expected to be $ billion, what portion of its net income is the firm expected to pay out as dvidends? Do not round intermediate calculations. Round to two decimal places
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