b. Now assume that TTCs period of supernormal growth is to last another 5 years rather than

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b. Now assume that TTC’s period of supernormal growth is to last another 5 years rather than 2 years (g1 = g2 = g3 = g4 = g5 = 20%). How would this affect its price, dividend yield, and capital gains yield? Answer in words only.

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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