Question $2,$ Problem $8-10($similar to$)$

HW Score: $0\%,0$ of $3$ points

Part $1$ of $3$

Points: $0$ of $1$

$($Common stock valuation$)$ Dalton Inc. has a return on equity of $11\mathrm{.}4$ percent and retains $53$ percent of its earnings for reinvestment purposes. It recently paid a dividend of $$3\mathrm{.}25$ and the stock is currently selling for $$39.$

a$.$ What is the growth rate for Dalton Inc.?

b$.$ What is the expected return for Dalton's stock?

c$.$ If you require a $13$ percent return, should you invest in the firm?