(Measuring growth) Thomas, Inc.'s return on equity is 16 percent and management has plans to retain 24 percent of earnings for investment in the company. a. What will be the company's growth rate? b. How would the growth rate change if management () increased retained earnings to 33 percent or (i) decreased retention to 13 percent? a. The company's growth rate will be% Round to two decimal places.) If management increased retained earnings to 33%, the growth rate would be (Round to two decimal places.) b. b. ( If management decreased retention to 13%, the growth rate would be %. (Round to two decimal places.)