$($Measuring growth$)$ Thomas, Inc.$\text{'}$s return on equity is $14$ percent and management has plans to retain $23$ 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 $($i$)$ increased retained earnings to $31$ percent or $($ii$)$ decreased retention to $11$ percent?

a$.$ The company's growth rate will be

$\%.($Round to two decimal places.$)$

b$.($i$)$ If management increased retained earnings to $31\%,$ the growth rate would be $\%.($Round to two decimal places.$)$

b$.($ii$)$ If management decreased retention to $11\%,$ the growth rate would be

$\%.($Round to two decimal places.$)$