(Common stock valuation) Dalton Inc. has a return on equity of 10.5 percent and retains 53 percent of its earnings for reinvestment purposes. It recently paid a dividend of $2.75 and the stock is currently selling for $41. 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 retum, should you invest in the firm? a. What is the growth rate for Dalton Inc.? \% (Round to two decimal places.)