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please answer both parts of the question! also, i can tell you that the the answers are not 20.11 and 0.26 or 20.57 and 31.07.

please answer both parts of the question!
also, i can tell you that the the answers are not 20.11 and 0.26 or 20.57 and 31.07.
thank you in advance :)
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Kahn Inc. has a target capital structure of 45% common equity and 55% debt to fund its $11 billion in operating assets. Furthermore, Kahn Inc. has a WAcC of 14%, a before-tax cost of debt of 12%, and a tax rate of 25%. The company's retained earnings are adequate to provide the common equity portion of its capital budget. Its expected dividend next year (D1) is $2, and the current stock price is $35. a. What is the company's expected growth rate? Do not round intermediate caiculations. Round your answer to two decimal places. % b. If the firm's net income is expected to be $1.3 billion, what portion of its net income is the firm expected to pay out as dividends? Do not round intermediate calculations. Round your answer to two decimal places. (Hint: Refer to Equation below.) Growth rate =(1 - Payout ratio )ROE

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