nd a tax rate of 25%. The company's retained earnings are adequate to provide the...

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nd a tax rate of 25%. The company's retained earnings are adequate to provide the common equity portion of its cagital budget. Its expected dividend reat year (O) is s4, and the current stock. irice is 527 . What is the company's expected gromth rate? Do not found intermedlate calculations. Round your answer to bwo decimal placer: b. If the firm's net income is expected to be $1.3 billon, what portion of its net income is the firm expected to pay out as dividends? Do not round intermediate calculacions, Round your answer to te decimal places, (Hint: Refer to Equation below.) Growth rate =(1 Payout ratio ) ROE 6% What is the company's expected growth rate? Do not round Internediate caiculations. Round your answer to two decimal places 6% decimal places. (Hint: Refer to Equation below.) Growth-rate =(1 payout ratio)hot 8%

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