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o (Common stock valuation) Dalton Inc. has return on equity of 10.1 percent and retains 58 percent of its earnings for reinvestment purposes. It recently

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o (Common stock valuation) Dalton Inc. has return on equity of 10.1 percent and retains 58 percent of its earnings for reinvestment purposes. It recently paid a dividend of $3.00 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 12 percent return, should you invest in the firm? 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 12 percent return, should you invest in the firm? (Select from the drop-down menu.) Enter your answer in each of the answer boxes

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