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(Common stock valuation) Dalton Inc. has a return on equity of 10.1 percent and retains 51 percent of its earnings for reinvestment purposes. It recently

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(Common stock valuation) Dalton Inc. has a return on equity of 10.1 percent and retains 51 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 retum, should you invest in the firm? a. What is the growth rate for Dalton Inc.? L% (Round to two decimal places) b. What is the expected return for Dalton's stock? % (Round to two decimal places) V c. If you require a 13 percent retur, should you invest in the firm? (Select from the drop-down menu

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