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Dalton inc. has an 11.5 percent return on equity and retains 55 percent of its earnings for reinvestment purposes. it recently paid a dividend of

Dalton inc. has an 11.5 percent return on equity and retains 55 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 yo require a 13 percent return, should you invest in the firm

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