the investor's required rate of return is 14.5 percent, the expected level of earnings at the end of this year Ey is $6! the retention ratio is 30 percent. the return on equity (ROE) is 13 percent (that is, it can earn 13 percent on reinvested earnings), and similar shares of stock sell at multiples of 6.603 times earnings per share. Questions. a. Determine the expected growth rate for dividends. . Determine the price earnings ratio (PE, . What is the stock price using the P/E ratio valuation method? 1. What is the stock price using the dividend discount modela a. What is the expected growth rate for dividends? 6.5 % (Round to two decimal places.)