13. Propiem 1-18 (Nonconstant UIViena urown valuation) eBook Problem Walk-Through Nonconstant Dividend Growth Valuation Assume that the average firm in Ca Corporation's industry is expected to grow at a constant rate of 6% and that its dividend yield is 8%. CJ is about as risky as the average firm in the industry and just palda dividend (D) of $1.25. Analysts expect that the growth rate of dividends will be 50% during the first year (1-50%) and 25% during the second year (25%). After Year 2, dividend growth will be constant at 6%. What is the required rate of return on Cou's stock? What is the estimated intrinsic price per share? Do not round Intermediate calculations. Round the monetary value to the nearest cent and percentage value to the nearest whole number 7. ted 1% Po: $ 1 Grade it Now Save & Continue Continue without saving