Krell Industries has a share price of $ 21.24 today. If Krell is expected to pay a dividend of $1.03 this year and its stock price is expected to grow to $24.29 at the end of the year, what is Krell's dividend yield and equity cost of capital?

Question Help P 7-10 (similar to) Krell Industries has a share price of $21.24 today. If Krell is expected to pay a dividend of $1.03 this year and its stock price is expected to grow to $24.29 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.)