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Problem:

Ecolap Inc. (ECL) recently paid a $0.66 dividend. The dividend is expected to grow at a 10.50 percent rate. The current stock price is $61.72.

Required:

Question: What is the return shareholders are expecting?

Note: Provide support for your rationale.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91162161

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