can you tell me step per step to calculate the forecasted measurement on each row in this dividend discount model? please show the calculation and the number in forecasted column. So i know how to get each number for doing the excel calculation. Cost of equity is $6\mathrm{.}59\%.$ We estimated that the margin profile will improve from $15\%$ in FY$2021$ to $18\%$ in FY$2026.$

We have estimated Earnings to grow at a CAGR FY$2022-2026$ of $7\mathrm{.}2\%$

We have estimated the Dividend Payout ratio at $84\%,$ which is conservative when compared to the average of the

last five years.