(6 Decimals with instructions, please)

Expected Growth for the NEXT TWO (2) years 16.0000%

Expected Growth in the THIRD (3) year 14.0000%

Constant Growth in Year FOUR (4) and thereafter 5.0000%

LAST dividend PAID $3.25

REQUIRED rate of return 9.0000%

SUPER-NORMAL STOCK PRICE$ at TIME 0____________________________

AT TIME 0 what is the Dividend YIELD?____________________________

AT TIME 0 what is the CAPITAL GAINS YIELD?____________________________

AT TIME 3 what is the Dividend YIELD?____________________________

AT TIME 3 what is the CAPITAL GAINS YIELD?____________________________