Question: P 7-10 (similar to) Question Help * Krell Industries has a share price of $22.55 today. If Krell is expected to pay a dividend of

P 7-10 (similar to) Question Help * Krell Industries has a share price of $22.55 today. If Krell is expected to pay a dividend of $1.17 this year and its stock price is expected to grow to $23.98 at the end of the year, what is Krell's dividend yield and equity cost of capital? The dividend yield is 1 %. (Round to one decimal place.)
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