Restex has a debt-equity ratio of 0.58, an equity cost of capital of 15%, and a debt cost of capital of 8%. Restex's corporate tax rate is 21%, and its market capitalization is $170 million.

a. If Restex's free cash flow is expected to be $11 million one year from now and will grow at a constant rate, what expected future growth rate is consistent with Restex's current marketvalue?

b. Estimate the value of Restex's interest tax shield