A company recently paid a $1.00 dividend. The dividend is expected to grow at a 15.7 percent rate. At a current stock price of $89.29, what return are shareholders expecting? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

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Ecolap Inc. (ECL) recently paid a $1.1 dividend. The dividend is expected to grow at a 20.12 percent rate. At a current stock price of $45.87, what return are shareholders expecting? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))