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Part $1$

Krell Industries has a share price of

$ $22\mathrm{.}83$$$22\mathrm{.}83$

today. If Krell is expected to pay a dividend of

$ $1\mathrm{.}05$$$1\mathrm{.}05$

this year and its stock price is expected to grow to

$ $23\mathrm{.}79$$$23\mathrm{.}79$

at the end of the$$ year, what is$$ Krell's dividend yield and equity cost of$$ capital?