Ecolap Inc. (ECL) recently paid a $0.48 dividend. The dividend is expected to grow at...
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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.)
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