You are trying to estimate the expected growth in net income at Metallica Corporation, a manufacturing firm that reported $150 million in net income in the just-completed financial year; thebook value of equity at the beginning of the year was $1 billion. The firm had capital expenditures of$160 million, depreciation of $100 million, and an increase in working capital of $40 million during theyear. The debt outstanding increased by $40 million during the year. Estimate the equity reinvestment rate and expected growth in net income.