Question
Ecolap Inc. (ECL) recently paid a $0.38 dividend. The dividend is expected to grow at a 14.50 percent rate. The current stock price is $44.92.
Ecolap Inc. (ECL) recently paid a $0.38 dividend. The dividend is expected to grow at a 14.50 percent rate. The current stock price is $44.92. What is the return shareholders are expecting? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Shareholders return %
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Quantitative Financial Analytics The Path To Investment Profits
Authors: Edward E Williams, John A Dobelman
1st Edition
9813224258, 978-9813224254
