Spencer supplies' stock is currently selling for $60 a share. the firm is expected to earn $5.10 per share this year and to pay a year-end dividend of $3.70. if investors require a 8.5% return, what rate of growth must be expected for spencer? round your answer to two decimal places. % if spencer reinvests earnings in projects with average returns equal to the stock's expected rate of return, then what will be next year's eps? (hint: gl = roe × retention ratio.) do not round intermediate calculations. round your answer to the nearest cent. $

The stock of grommet corporation, a u. s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u. s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u. s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u. s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?