Cohen Cutting Edge Limited (CCE) has done it again by creating a vaccine for the novel corona virus. CCE is expected to pay a dividend of $2.15 next year after which dividends should enjoy growth of 17% for 2 years. Dividend growth is then expected to fall to 9% for 1 year before settling at a constant growth of 3% for the foreseeable future. The cost of capital is 22%. 1) Calculate CCE's share price today (Po). (9 Marks) ii) Calculate the expected share price three years from today (P3). (6 Marks) Calculate the dividend yield PART B Dolson & Company Limited (D&C) has three preferred stocks on the market, each with a par value of $90. The stocks have dividends and yield as presented in the table below. Name Dividends Yield Series X 6.5% 10.5% Series Y 8% -9.8% Series Z 7.2% 11.1% Calculate the price for each of the three preferred stocks