Restex has a debt-equity ratio of 0.96, an equity cost of capital of 14 %, and a debt cost of capital of 8 %. Restex's corporate tax rate is 35 %, and its market capitalization is $ 154 million.

a. If Restex's free cash flow is expected to be $ 8 million one year from now and will grow at a constant rate, what expected future growth rate is consistent with Restex's current market value?

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

a. If Restex's free cash flow is expected to be $ 8 million one year from now and will grow at a constant rate, what expected future growth rate is consistent with Restex's current market value? If Restex's free cash flow is expected to be $ 8 million in one year, the expected future growth rate is nothing%. (Round to two decimal places.)

b. Estimate the value of Restex's interest tax shield. Interest tax shield value is $ nothing million. (Round to the nearest million.)