Use the Dividend Discount Model to determine the expected annual growth rate of the dividend for ELO stock. The firm is expected to pay an annual divided of $14.11 per share in one year. ELO shares are currently trading for $103.14 on the NYSE, and the expected annual rate of return for ELO shares is 18.58%. Answer as a \% to 2 decimal places (e.g., 12.34\% as 12.34). Answer: Use the Dividend Discount Model to determine the expected annual growth rate of the dividend for ELO stock. The firm is expected to pay an annual divided of $14.11 per share in one year. ELO shares are currently trading for $103.14 on the NYSE, and the expected annual rate of return for ELO shares is 18.58%. Answer as a \% to 2 decimal places (e.g., 12.34\% as 12.34)