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Medtronic firm has 66,000,000 in equity and $55,000,000 in debt and forecast $25,000,000 in net income for the year. It currently pays dividends equal to

Medtronic firm has 66,000,000 in equity and $55,000,000 in debt and forecast $25,000,000 in net income for the year. It currently pays dividends equal to 17% of its net income.

a. What would their internal growth rate be? NOTE: Answer in percentage.

b. What would their sustainable growth rate be? NOTE: Answer in percentage.

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