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at western university the 4) (18 Marks) The Bluenose Ship Company is experiencing rapid growth. The company expects dividends to grow at 15% per year

at western university the
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4) (18 Marks) The Bluenose Ship Company is experiencing rapid growth. The company expects dividends to grow at 15% per year for the next 4 years before leveling off at 600 into perpetuity. The required return on the company's stock is 11%. The dividend per share just paid was $1.25. a. Calculate the current market value of Bluenose Ship's stock. (9 Marks) b. Calculate the expected market price of the share in one year. (5 Marks) c. Calculate the expected dividend yield and capital gains yield expected at the end of the first year. (4 Marks)

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