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Dalton Inc. has a return on equity of 10.4 percent and retains 51 percent of its earnings for reinvestment imposes. It recently paid a dividend

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Dalton Inc. has a return on equity of 10.4 percent and retains 51 percent of its earnings for reinvestment imposes. It recently paid a dividend of $3.50 and the stock is currently selling for $42. What is the growth rate for Dalton Inc.? What is the expected return for Dalton's stock? If you require a 14 percent return, should you invest in the firm? What is the growth rate for Dalton Inc. ? What is the expected return for Dalton's stock? If you require a 14 percent return, should you invest in the firm

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