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13. Burke Tires just paid a dividend of D0=$1.3. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2,
13. Burke Tires just paid a dividend of D0=$1.3. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 10.00%. What is the best estimate of the stock's current market value? 14. If D0=$2.20,g (which is constant) =3.5%, and P0=$50, what is the stock's expected dividend yield for the coming year? 15. If D1=$1.20,g (which is constant) =4.5%, and P0=$55, what is the stock's expected capital gains yield for the coming year
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