Ecolap Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5

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Ecolap Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5 percent rate. At a current stock price of

$44.12, what return are shareholders expecting? (LG 3-3)

 LO.1

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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