(Common stock valuation) Dalton Inc. has a retum on equity of 10.9 percent and retains 55 percent of its eamings for reinvestment purposes. It recently paid a dividend of $3.75 and the stock is currently selling for $43. a. What is the growth rate for Dalton Inc.? b. What is the expected return for Dalton's stock? c. If you require a 14 percent return, should you invest in the firm? a. What is the growth rate for Dalton Inc.? % (Round to two decimal places.)