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8. -Snyder Computers Inc. is experiencing rapid growth. Earnings and dividends are expected to grow at a rate of 15% during the next 2 years,

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8. -Snyder Computers Inc. is experiencing rapid growth. Earnings and dividends are expected to grow at a rate of 15% during the next 2 years, at 13% the flowing year, and at a constant rate of 65 during year 4 and thereafter. Its last dividend was $1.15 and its required rate of return is 12%. Answer the following questions (5%) a. Calculate the value of the stock today. b. Calculate P1 and P2 c. Calculate the dividend and capital gains yields for years 1,2,and3. =

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