What is return shareholders are expecting

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Reference no: EM131616034

Ecolap Inc. (ECL) recently paid a $0.40 dividend. The dividend is expected to grow at a 15.50 percent rate. The current stock price is $46.12.

What is the return shareholders are expecting? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Shareholders return

Reference no: EM131616034

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