A firm is 100 equity financed
10 million shares outstanding
Does not have any retain earnings
Expected net income for coming year is 12
Risk-free interest rate is 7%, beta 0,8 and market risk premium 15 %.
Common stock is trading in market for 7,06 per share.
No taxes

What is the expected growth rate of the firm's net income?

I have found the expected return is 19 %, but I'm stuck