The Duo Growth Company just paid a dividend of $1.60 per share. The dividend is expected to grow at a rate of 22% per year for the next three years and then to level off to 8% per year forever. You think the appropriate market capitalization rate is 23% per year a. What is your estimate of the intrinsic value of a share of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Intrinsic value per share b. If the market price of a share is equal to this intrinsic value, what is the expected dividend yield? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected dividend yield