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Homework: HW7 - Chapter 7 Homework Score: 0 of 12 pts 5 of 10 (0 complete) P 7-11 (similar to) Krell Industries has a share

Homework: HW7 - Chapter 7 Homework Score: 0 of 12 pts 5 of 10 (0 complete) P 7-11 (similar to) Krell Industries has a share price of $21.81 today. If Krell is expected to pay a dividend of $0.99 this year and its stock price is expected to grow to $24.98 at the end of the year, what is Krell's dividend yield and equity cost of capital? The dividend yield is %. (Round to one decimal place.)

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