Question
Ecolap Inc. (ECL) recently paid a $0.86 dividend. The dividend is expected to grow at a 15.08 percent rate. At a current stock price of
Ecolap Inc. (ECL) recently paid a $0.86 dividend. The dividend is expected to grow at a 15.08 percent rate. At a current stock price of $52.42, 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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ISE Real Estate Finance And Investments
Authors: Jeffrey Fisher William B. Brueggeman
17th International Edition
1264892888, 9781264892884
