Ecolap inc ecl recently paid a 048 dividend the dividend is


Question: Ecolap Inc. (ECL) recently paid a $0.48 dividend. The dividend is expected to grow at a 13.50 percent rate. The current stock price is $50.92. What is the return shareholders are expecting? (Do not round intermediate calculations and round your final answer to 2 decimal places.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Ecolap inc ecl recently paid a 048 dividend the dividend is
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