Score: 0 of 2 pts 3 of 5 (2 complete) HW Score: 36.36%, 4 of... P10-6 (similar to) Question Help (Measuring growth) Given that a firm's return on equity is 24 percent and management plans to retain 44 percent of earnings for investment purposes, what will be the firm's growth rate? If the firm decides to increase its retention rate, what will happen to the value of its common stock? a. The firm's growth rate will be %. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer ? part remaining Clear All Check