Nonconstant Dividend Growth Valuation Assume that the average firm in C\&u Corporation's industry is expected to grow at a constant rate of 7% and that its dividend yield is 9%. C\&u is about as risky as the average firm in the industry and just paid a dividend (D0) of $1. Analysts expect that the growth rate of dividends will be 50% during the first year (90,1=50%) and 30% during the second year (91,2=30%). After Year 2 , dividend growth will be constant at 7%. What is the required rate of return on C\&J's stock? What is the estimated Intrinsic price per share? Do not round intermediate calculations. Round the monetary value to the nearest cent and percentage value to the nearest whole number