please solve :

- please use the same format when solving the problem.

- show on excel

- show work

- show formulas

-explain

Thank you!

A B C D E F G H K L P10-2 Modified (instead assume $125 million in net income and 45% of the firms earnings are planned to be retained) Hint: See page 309 for rate of growth formula If Stanford Corporation's net income is $125 million, its common equity is $910 million, and management plans to retain 45 percent of the firm's earnings to finance new investments, what will be the firm's growth rate? Net Income Common Equity ROE Retention Rate (r) Growth Rate