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1. Country Music's stock currently sells for $20 a share. The stock will pay a per-shure dividend of $2 in one year. The dividend is
1. Country Music's stock currently sells for $20 a share. The stock will pay a per-shure dividend of $2 in one year. The dividend is expected to grow at a constant mite of 10% a year. (a) Calculate the stockprice one year from now. (b) Calculate the dividend yield (DY) for the first year. (c) Calculate the capital gains yicld (CGY) for the first year. (d) Calculate the stock price ten years from now
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