Ecology Labs Incorporated will pay a dividend of $4.60 per share in the next 12...
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Ecology Labs Incorporated will pay a dividend of $4.60 per share in the next 12 months (D1) . The required rate of return (Ke) is 17 percent and the constant growth rate is 7 percent. Note: Each question is independent of the others. Compute the price of Ecology Labs' common stock. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Assume Ke , the required rate of return, goes up to 19 percent. What will be the new price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Assume the growth rate (g) goes up
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