8-10. (Common stock valuation) Dalton Inc., has an 11.5 percent return on equity and retains 55 percent of its earnings for reinvestment purposes. It recently paid a dividend of $3.25 and the stock is currently selling for $40. a. What is the growth rate for Dalton, Inc.? b. What is the expected return for Dalton's stock? c. If you require a 13 percent return, should you invest in the firm