Krell Industries has a share price of $20.50 today. If Krell is expected to pay a dividend of $1.00 this year, and its stock price is expected to grow to $25 at the end of the year, what is Krell's dividend yield and equity cost of capital?

(a) Krell's dividend yield is Answer%. (Round to two decimal places.)

(b) Krell's equity cost of capital is Answer%. (Round to two decimal places.)