Question: A business expects to earn a return on equity next year of 19.2% - the same level as last year. If the company intends to

A business expects to earn a return on equity next year of 19.2% - the same level as last year. If the company intends to grow at a rate of 4.0% next year, and expects Net Income to be $154M, how much does the company expect to reinvest at the equity level next year, and what is the forecast flow to equity for next year?

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