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Krell Industries has a share price of $22.65 today. If Krell is expected to pay a dividend of $1.15 this year and its stock price
Krell Industries has a share price of $22.65 today. If Krell is expected to pay a dividend of $1.15 this year and its stock price is expected to grow to $23.52 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.) Summit Systems will pay a dividend of $1.55 this year. If you expect Summit's dividend to grow by 5.5% per year, what is its price per share if the firm's equity cost of capital is 10.1%? The price per share is 5 (Round to the nearest cent.)
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