hello,

I need assistance with part C

You expect a share of stock to pay dividends of $1.50, $2.35, and $2.80 in each of the next 3 years. You believe the stock will sell for $28.00 at the end of the third year. a. What is the stock price if the discount rate for the stock is 10%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Stock price $ 26.45 b. What is the dividend yield for year 1? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. Dividend yield 5.67% c. What will be the dividend yield at the start of year 2? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Dividend yield 10.80 %