Question: 8-21 Expected Return Ecolap, Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5 percent rate. At a current

8-21 Expected Return Ecolap, Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5 percent rate. At a current stock price of $44.12, what is the return shareholders are expecting? dividend paid last year = constant growth in dividends, per year= current stock price = shareholders expected return = $ dividend grows = growth as % of price = new % expected =

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