Score: 0 of 1 pt 1 of 9 (5 complete) HW Score: 53.7%, 4.83 of 9 pts Problem 8-10 (similar to) Question Help (Common stock valuation) Dalton Inc. has a return on equity of 13.9 percent and retains 54 percent of its earnings for reinvestment purposes. It recently paid a dividend of $3.75 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? c. If you require a 12 percent retum, should you invest in the firm? a. What is the growth rate for Dalton Inc.? % (Round to two decimal places.)