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Chomp Champ Inc. is experiencing rapid growth. Dividends are expected to grow at 3 0 % for the next 3 years, 2 0 % over
Chomp Champ Inc. is experiencing rapid growth. Dividends are expected to grow at for the next
years, over the following year, and then per year indefinitely. The required rate of return on this
stock is and the stock currently sells for $ per share.
a What is the projected dividend for the coming year? POINTS
b What is the expected dividend yield and capital gains yield in Year POINTS
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