Metronic has $155M in equity and $75M in debt and forecasts $33M in net income for the year. It currently pays dividends equal to 40% of its net income. You are analyzing a potential change in payout policy -a decrease in dividends to 25% of net income. How would this change affect your internal and sustainable growth rates?

A. What is the internal growth rate of Metronic under the current payout policy?

ANSWER 0.086

B. What is the sustainable growth rate of Metronic under the current payout policy?

ANSWER 0.128

C. What is the internal growth rate of Metronic under the considered payout policy?

ANSWER 0.108

D. What is the sustainable growth rate of Metronic under the considered payout policy?

ANSWER 0.160

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I have the answers what I need is the STEPS as to how to get these answers.