Assume that it is now January 1,2022 . Wayne-Martin Electric Inc. (WME) has developed a solar panel capable of generating 200% more electricity than any other solar panel currently on the market. As a result, WME is expected to experience a 14% annual growth rate for the next 5 years. Other firms will have developed comparable technology by the end of 5 years, and WME's growth rate will slow to 4% per year indefinitely. Stockholders require a return of 13% on WME's stock. The most recent annual dividend (Do), which was paid yesterday, was $2.00 per share. a. Calculate WME's expected dividends for 2022, 2023, 2024, 2025, and 2026. Do not round intermediate calculations. Round your answers to the nearest cent. D 2022=$ D2023 =$ D2024 =$ D2025 =$ D2026=$ b. Calculate the value of the stock today, P0. Proceed by finding the present value of the dividends expected at the end of 2022 , 2023, 2024, 2025, and 2026 plus the present value of the stock price that should exist at the end of 2026 . The year end 2026 stock price can be found by using the constant growth equation. Notice that to find the December 31,2026 , price, you must use the dividend expected in 2027, which is 4% greater than the 2026 dividend. Do not round intermediate calculations Round your answer to the nearest cent. $ c. Calculate the expected dividend yield (D1/P0), capital gains yield, and total return (dividend yield plus capital gains yield) expected for 2022. (Assume that P0=P0 and recognize that the capital gains yield is equal to the total return minus the dividend yield.) Do not round intermediate calculations. Round your answers to two decimal places. D1/P0= Capital gains yield = % Expected total return = % Then calculate these same three yields for 2027. Do not round intermediate calculations. Round your answers to two decimal places. D6/P5= Capital gains yield = % Expected total return = %