Dalton Inc. has a return on equity of 10.2 percent and retains 57 percent of...
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Finance
Dalton Inc. has a return on equity of
10.2
percent and retains
57
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?
a. What is the growth rate for Dalton Inc.?
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