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Business, 27.11.2019 23:31 lke123

Dalton inc. has a return on equity of 10.7 percent and retains 51 percent of its earnings for reinvestment purposes. it recently paid a dividend of $2.75 and the stock is currently selling for $42.
a. what is the growth rate for dalton inc.?
b. what is the expected return for dalton's stock?
c. if you require a 14 percent return, should you invest in the firm?

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