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can anyone help with these? Goodwin Tachnologis, a relatvely young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts

can anyone help with these?
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Goodwin Tachnologis, a relatvely young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $5.25 dividend at that tine ( -$525) and believes that the dividond win grow by 27.30% for the following two years (Da and D). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of 432% per year Goodwin's required return is 14.40%, Fi" in the following chart to determine Goodwin's horizon value at the horizon date-when constant growth begins-and the current Intrinsic value. Term Value Horizon value Current Intrinsic value [ If investors expect a total return of 15.40%, what will be Goodwin's expected dividend and capital gains yield in two years-that is, the year before the fim begins paying dividends? (Hint You are at year 2, and the first dividend is expected to be paid at the end of the year. Find DYs and CGYs) Expected dividend yield (DYa) Expected capital gains yield (CGYs) Goodwin has been very successful, but it hasn't paid a dividend yet. It circulates a report to its key investors containing the following statement Goodwin's investment opportunities are poor. Is this statement a possible explanation for why the firm hasn't paid a dividend yet? O No O Yes

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