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(Common stock valuation) Dalton Inc. has a return on equity of 11.2 percent and retains 56 percent of its earnings for reinvestment purposes. It recently

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(Common stock valuation) Dalton Inc. has a return on equity of 11.2 percent and retains 56 percent of its earnings for reinvestment purposes. It recently paid a dividend of $3.25 and the stock is currently selling for $38. a. What is the growth rate for Dalton Inc.? b. What is the expected return for Dalton's stock? e. you reguire a 1rent u should you mestin the fm? a. What is the growth rate for Dalton Inc.? % (Round to two decimal places.) b. What is the expected return for Dalton's stock? % (Round to two decimal places.) c. If you require a 14 percent return, should you invest in the firm? 1. (Select from the drop-down menu.) At 0 Yes

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