Ecolap inc ecl recently paid a 042 dividend the dividend is


Ecolap Inc. (ECL) recently paid a $0.42 dividend. The dividend is expected to grow at a 10.50 percent rate. The current stock price is $47.32. What is the return shareholders are expecting? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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Financial Management: Ecolap inc ecl recently paid a 042 dividend the dividend is
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