You expect a share of stock to pay dividends of $1.40, $1.75, and $2.00 in each of the next 3 years. You believe the stock will sell for $27.00 at the end of the third year. What is the stock price if the discount rate for the stock is 10%? Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

What is the dividend yield for year 1? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

What will be the dividend yield at the start of year 2? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.