10) Anle Corporation has a current price of $17, is expected to pay a dividend of $1 in one year, and its expected price right after paying that dividend is $35. a. What is Anle's expected dividend yield? b. What is Anle's expected capital gain rate? c. What is Anle's equity cost of capital? a. What is Anle's expected dividend yield? Anle's expected dividend yield is --------%. (Round to two decimal places.)

11)

Summit Systems will pay a dividend of $1.66 one year from now. If you expect Summit's dividend to grow by 5.7% per year, what is its price per share if its equity cost of capital is 10.8%?The price per share is $ ------------. (Round to the nearest cent.)