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2 years (g0,1=g1,2=25%). After Year 2 , the growth rate will stabilize at gLL=4%. a. What is CCC's stock worth today? Do not round intermediate
2 years (g0,1=g1,2=25%). After Year 2 , the growth rate will stabilize at gLL=4%. a. What is CCC's stock worth today? Do not round intermediate calculations. Round your answer to the nearest cent. $ b. What is the expected stock price at Year 1? Do not round intermediate calculations. Round your answer to the nearest cent. $ Dividend yield: % Capital gains yield: % Total return: Dividend yield: % Capital gains yield: % Total return: %
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