Q search this course AP mework nt: Chapter 10 Homework Agament Score 90.00% Submit Assignment for Grading s Question 10of 10 Save Problem 10.15(WACCand Cont of Common Equity Check My Work eBook Kahn tne has a target capital structure of 65% common equity and 35% debt to fund its $8 bilion in operating of debt of 12%, and a tax rate of 40%. The company's retained earnings are adequate to provide the common equity portion of its is $3, and the current stock price is $27 assets. Furthermore, Kahn Inc. has a WACC of 13%, a before-tax cost cimal places a. What is the company's expected growth rate? Do not round intermediate calculations, Round your answer to two de is the firm expected to pay out as dividends? (Hint: Refer to Equation below.) b. If the frm's net income is expected to be $1.7 biltion, what portion of its net income Growth rate- (1 Payout ratio)ROE Do not round intermediate calculations. Round your answer to two decimal places