Nonconstant Dlvidend Growth Valuation Assume that the average firm in C8J Corporation's industry is expected to grow at a constant rate of 4% and that its dividend yicld is 7%. Cal is about as risk? a5 the average firm in the industry and just paid a dividend (Do) of $2. Analysts expect that the growth rate of dividends will be 50% during the first year (90,t =50% ) and 25% during the second year (91,2=25%). After Year 2 , dividend growth will be constant at 4%. What is the required rate of return on CaJ'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